Happy Fourth of July!
Last week, I sent you an excerpt from my 2004 book, All the Presidents’ Bankers: The Hidden Alliances That Drive American Power.
It showed the historic power connections between Goldman Sachs and the White House going back almost a century…
But I’ve saved the best ‘til last…
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.
And in the meantime, I hope you enjoy the Fourth of July celebrations with your family and friends.
Editor, Inside Wall Street with Nomi Prins