Griftopia : bubble machines, vampire squids, and the long con that is breaking America
(Book)
Author
Published
New York : Spiegel & Grau, 2010.
Format
Book
Edition
1st ed.
Status
Sequim - Nonfiction (Adult)
973.932 TAIBBI
1 available
973.932 TAIBBI
1 available
Copies
Location | Call Number | Status |
---|---|---|
Sequim - Nonfiction (Adult) | 973.932 TAIBBI | Available |
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Published
New York : Spiegel & Grau, 2010.
Edition
1st ed.
Physical Desc
252 pages ; 25 cm.
Language
English
Notes
Description
The financial crisis that exploded in 2008 only prologue. The rise, fall, and rescue of Wall Street in the bubble-and-bailout era was the coming-out party for the network of looters who sit at the nexus of American political and economic power. The grifter class--made up of the largest players in the financial industry and the politicians who do their bidding--has been growing in power for a generation, transferring wealth upward through increasingly complex financial mechanisms and political maneuvers. The crisis was only one terrifying manifestation of how they've hijacked America's political and economic life. Rolling Stone's Matt Taibbi here unravels the story, digging beyond the headlines to get into the deeper roots and wider implications. He traces the movement's origins to Ayn Rand and her most influential acolyte, Alan Greenspan; he uncovers the hidden commodities bubble that transferred billions of dollars to Wall Street while creating food shortages around the world; and he shows how finance dominates politics with an inside account of the high-stakes battle for health-care reform--a battle the true reformers lost.--From publisher description.