Last week, I sent you two excerpts from my 2004 book, All the Presidents’ Bankers: The Hidden Alliances That Drive American Power.
In those excerpts, I showed you the historic power connections between Wall Street bankers, the Federal Reserve, and the White House going back almost a century.
Today, I’ve got an excerpt from my 2009 book, It Takes a Pillage.
In it, I detail ex-Goldman CEO Hank Paulson’s rise to the role of Treasury Secretary under President George W. Bush.
I also talk about his major windfall as a result of that appointment…
And how his staunch Wall Street allegiance and feverish hunger for deregulation ultimately contributed to the 2008 financial crisis.
To read the excerpt, follow this link.
Regards,
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Nomi Prins
Editor, Inside Wall Street with Nomi Prins