Cover image for All the presidents' bankers : the hidden alliances that drive American power
All the presidents' bankers : the hidden alliances that drive American power
Title:
All the presidents' bankers : the hidden alliances that drive American power
Author:
ISBN:
9781568587493
Physical Description:
xvii, 521 pages ; 25 cm
Contents:
When the President needed the bankers -- The early 1910s : post-panic creature and party posturing -- The mid-1910s : bankers go to war -- The late 1910s : peace treaties and domestic politics -- The 1920s : political isolationism, financial internationalism -- 1929 : the room at 23 Wall, crash, and Big-Six take -- The early 1930s : tenuous times, tax-evading titans -- The mid- to late 1930s : policing Wall Street, World War II -- The early to mid-1940s : World War II, bankers, and war bucks -- The late 1940s : world reconstruction and private bankers -- The 1950s : Eisenhower's buds, Cold War, hot money -- The early 1960s : "go-go" youth, murders, and global finance -- The mid- to late 1960s : progressive policies and bankers' economy -- The early to mid-1970s : corruption, gold, oil, and bankruptcies -- The late 1970s : inflation, hostages, and bankers -- The early to mid-1980s : free-market rules, bankers compete -- The late 1980s : Third World staggers, S&Ls implode -- The early to mid-1990s : killer instinct, bank wars. and the rise of Goldman Sachs -- The late 1990s : currency crises and Glass-Steagall demise -- The 2000 : multiple crises, the new Big Six, and global catastrophe.
Abstract:
"All The Presidents' Bankers is a compelling narrative of how a small group of private bankers and their financial institutions shaped America's economy and its global position since the start of the twentieth century. Through personal, political and professional networks, these bankers strategically exercised, and continue to exercise, disproportionate control over the destiny of billions of people. Nomi Prins offers an explosive account of how this came to be, and how the banks continue to influence the world economy and dominate government. Aligning the complex relationships between political and financial leaders since the early 1900s, Prins exposes the elite bankers that served as unelected leaders and confidants, acting as a shadow government concealed behind the US presidency from Wilson to Obama. With eye-opening correspondence culled from Presidential libraries across the country, against a timeline of two world wars and multiple market crashes, All The Presidents' Bankers traces the shocking consequences of a system in which there is no line between public office and private power"-- Provided by publisher.
Format:
Book
Production, Publication, Distribution, Manufacture, and Copyright Notice:
New York : Nation Books, [2014]