Book description
How the actions of a few in Europe destroyed the prosperity of the
many (and how it's happening again now in America)
After the fall of the Roman Empire, vicious barbaric tribes including
the Hunds lead by Atilla, the Mongols, Charlemagne and the Vikings
invaded Europe, plundering property and destroying homes. But, they
didn't just steal and destroy property in the villages; they also
stole and destroyed any prosperity the villagers had previously
enjoyed. What's worse is the barbarians of the Dark Ages did all of
this not out of any deeply held religious or political belief, but,
rather, for the oldest reason in the book - their own personal
financial gain. Some things never change.
Barbarians of Wealth examines how the greedy, self-serving
decisions of a select group of politicians and financial institutions
negatively impacts the economy and, ultimately, destroys America's
prosperity and the American way of life. Compelling and engaging, the book
- Details how Goldman Sachs peddled mortgage backed securities up
and down Wall Street while secretly betting against their demise
- Discusses how Sanford Weill, founder of Citigroup spent 0
million lobbying for the repeal of the Glass-Steagall Act that
prevented the merger of commercial and investment banks and got
his way.
- Examines Christopher Dodd, head of the U. S. Senate Banking
Committee, has enriched himself while driving down the prosperity
of his constituents
- Offers up examples of other modern barbarians, including the
Federal Reserve, Alan Greenspan, Hank Paulson, and Timothy Geithner.
- Highlights greed driven tactics of Wall Street corporations
including JP Morgan, Merrill Lynch, and Salomon Brothers.
Barbarians of Wealth is a timely must read for hard-working
Americans concerned with their prosperity, as well as for those
fascinated with the inner workings of Washington and Wall Street.
SANDY FRANKS is Executive Publisher of the Taipan
Publishing Group and Editor of Taipan Insider. With an
editorial focus on delivering market analysis, financial insight, and
investment ideas, Taipan Publishing Group offers a unique and powerful
combination of services and resources in print and on the Web.
SARA NUNNALLY is Research Director of the Taipan Publishing
Group and coeditor of Smart Investing Daily. She publishes her
research finding in investment research reports, in-depth investment
videos, blog updates, and the essential Smart Investing Daily
communiqué.
