Charles Gasparino is an award-winning investigative reporter and bestselling author who has covered financial news for major media such as Newsweek, the Wall Street Journal, and CNBC. He is a senior correspondent for Fox Business Network and a frequent contributor to Forbes, the New York Post, The Huffington Post, and The Daily Beast. His book The Sellout was a New York Times bestseller. Charles lives in New York City. Lloyd James has been narrating since 1996, has recorded over six hundred books in almost every genre, has earned six AudioFile Earphones Awards, and is a two-time nominee for the prestigious Audie Award. His bestselling and most critically acclaimed performances include Elvis in the Morning by William F. Buckley, Jr., Ben Hur by Lew Wallace, Searching for Bobby Fischer by Fred Waitskin, and Mystic Warrior by Tracy and Laura Hickman. Lloyd's background as a performer includes extensive work in classical theater and folk music. He lives in Maryland with his wife and children.
Bought and Paid For: The Hidden Relationship Between Wall Street and Washington
eBook
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ISBN-13:
9781101443712
- Publisher: Penguin Publishing Group
- Publication date: 10/05/2010
- Sold by: Penguin Group
- Format: eBook
- Pages: 304
- Sales rank: 304,261
- File size: 462 KB
- Age Range: 18 Years
Available on NOOK devices and apps
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A top reporter exposes the deep ties between the Obama administration and the big banks that are bankrupting our country.
As the recession continues, President Obama has chastised the "fat cats" who feast off government bailout money while unemployment remains high and smaller businesses struggle.
But according to Gasparino, Obama is faking his outrage, and his calls for new policies to rein in banks that are "too big to fail" are just pabulum. In reality, Obama has climbed into bed with Wall Street CEOs, giving them what they want so they will support his liberal, big- government agenda. As a result, the big banks responsible for the credit crisis get rescued, while small businesses and ordinary Americans get crushed by higher taxes and irresponsible spending.
Gasparino draws on interviews with dozens of key CEOs and political players to trace the roots of Wall Street's twisted love affair with one of the most liberal presidents in American history. He shows how, for decades, big banks and big business have colluded with big government, thereby laying the groundwork for today's shady dealings, and how the same bankers Obama now publically reprimands have supported him-not because he promises change, but because he promises business.
Written in Gasparino's characteristic smart yet no-nonsense style, this book is both an exposé and a wake-up call to all Americans to strike back against the people and policies who are ruining our country.
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