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  Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America
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ParentParent   
TitleGriftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America
ASIN0385529953 - Purchase This Book
CategoryEconomics
ContributorRP
Last ModifiedRP - September 21, 2010 11:46am
DescriptionThe financial crisis that exploded in 2008 isn’t past but prologue. The stunning 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.

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