13 Bankers: The Wall Street Takeover and the Next Financial Meltdown
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Simon Johnson and James Kwak examine not only how Wall Street's ideology, wealth, and political power among policy makers in Washington led to the financial debacle of 2008 but also what the lessons learned portend for the future. The New York Times - Louis Uchitelle [Johnson and Kwak] tell this story in matter-of-fact prose. Even their discussion of derivatives is accessible to ordinary readers (most of the time)…a well-documented appeal to embrace once again Thomas Jefferson's skepticism of concentrated banking power.
