First published 2011
Peter Schweizer reveals how America's political establishment operates a rigged financial system. Members of Congress routinely engage in insider trading that would land Wall Street executives in prison. Politicians gain access to IPOs at prices unavailable to ordinary citizens. The Obama administration directed hundreds of millions to supporters who then returned the favor through campaign contributions. A new investor class profits solely through Washington influence and connections. Schweizer spent years analyzing financial records, connecting stock purchases to classified briefings and legislative votes. He traces money flows that show how the permanent political class enriches itself while ordinary Americans pay the price. This investigation documents a system where public service becomes private profit.
Genres: business, american, political-science, economics, non-fiction, 21st-century
Vibes: thought-provoking
Tropes: investigative-journalism
211 pages · Hardcover · Houghton Mifflin Harcourt