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American Greed

Author: Michael S. Rothberg

Publisher: AuthorHouse

Published: 2010-06-29

Total Pages: 158

ISBN-13: 1452022267

American Greed is both a personal and professional look at how greed caused the Great Recession in 2008.Leading up to this particular recession were steep declines in the housing market combined with the banking system sliding to the verge of collapse. The news of the day were full of stories about the mismanagement of risk at financial service companies who nevertheless paid out huge bonuses to executives, rewarding them for ruining their own companies. Americans were largely over-extended, with tremendous amounts of debt on charge cards and mortgages they couldn't afford, combined with rising unemployment, tightening credit and increasing expenses such as gasoline, electricity, and food. All of these elements made for the perfect economic storm. As an Investment Advisor Representative for MetLife since 1992, I have seen how greed has impacted people's lives. I witnessed patterns of abuse, the inability of people to plan for anything financial or personal and in some cases situations of illegalities. By meeting with numerous people over a long period of time, I gained first hand exposure and bore witness to what was happening in a very unique and particular way. At the time I was writing this book, I had 1,300 clients and met with thousands of prospects over the years to assist them with retirement planning.

American Greed

Author: Eliezer Nussbaum, MD

Publisher: AuthorHouse

Published: 2015-11-30

Total Pages: 166

ISBN-13: 1504963474

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Jonathan Campbell is dead. Jonathan was eight years old. He was a normal, healthy boy—until the night he died of spinal meningitis in the Pediatric Intensive Care Unit. Jonathan’s death could have been prevented, if not for a string of events and choices that led to his untimely end. His doctor has blood on his hands . . . but he’s not the only one. In the wake of Jonathan’s death, a firestorm is brewing, and at its bloody heart is Northwest Health Care, arguably the most powerful HMO in the United States. For Northwest, everything has a cost—including every life. If the cost of that life gets too high, they’ll end it. But not if attorney-at-law Joe Sharp gets there first. American Greed is a story about profits, hypocrisy, and the killers in white coats.

Need and Greed

Author: Stewart L. Weisman

Publisher: Syracuse University Press

Published: 1999-12-01

Total Pages: 408

ISBN-13: 9780815606109

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More than just a tale of manipulated financial statements, counterfeit securities, sham transactions, and cyber fraud, this story is intertwined with personalities from among the rich and famous who were involved, in some fashion, such as Governor George Pataki, actress Debbie Reynolds, attorney F. Lee Bailey, and the former chairman of the SEC. In the largest pyramid scheme in American history, the Bennett Companies which even looted their own employee's pension fund, fleeced more than 12,000 investors, 10,000 trade creditors, and 245 banks and financial institutions, of more than $1 billion. A Ponzi scheme-named for Charles Ponzi, who enticed investors with promises of high returns to purchase worthless coupons in the 1920s- was taken to new heights in the 1990s by the Bennett Companies. Extensively documented, Need and Greed follows the human drama as a small-time scam grows exponentially into nationwide holdings of hotels, floating and fixed casinos, office buildings, shopping malls, and other investments. It also allows the reader a rare view into the inner workings of big-time crime, its prosecution, and subsequent civil litigation. Throughout the book, Weisman includes vignettes about hapless investors, portraits of the Bennetts and other key players, the corporate culture at Bennett Funding, and the trappings of the lush Bennett lifestyle.

On Corruption in America

Author: Sarah Chayes

Publisher: Vintage

Published: 2020-08-11

Total Pages: 432

ISBN-13: 0525654860

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From the prizewinning journalist and internationally recognized expert on corruption in government networks throughout the world comes a major work that looks homeward to America, exploring the insidious, dangerous networks of corruption of our past, present, and precarious future. “If you want to save America, this might just be the most important book to read now." —Nancy MacLean, author of Democracy in Chains Sarah Chayes writes in her new book, that the United States is showing signs similar to some of the most corrupt countries in the world. Corruption, she argues, is an operating system of sophisticated networks in which government officials, key private-sector interests, and out-and-out criminals interweave. Their main objective: not to serve the public but to maximize returns for network members. In this unflinching exploration of corruption in America, Chayes exposes how corruption has thrived within our borders, from the titans of America's Gilded Age (Andrew Carnegie, John D. Rockefeller, J. P. Morgan, et al.) to the collapse of the stock market in 1929, the Great Depression, and FDR's New Deal; from Joe Kennedy's years of banking, bootlegging, machine politics, and pursuit of infinite wealth to the deregulation of the Reagan Revolution--undermining this nation's proud middle class and union members. She then brings us up to the present as she shines a light on the Clinton policies of political favors and personal enrichment and documents Trump's hydra-headed network of corruption, which aimed to systematically undo the Constitution and our laws. Ultimately and most importantly, Chayes reveals how corrupt systems are organized, how they enable bad actors to bend the rules so their crimes are covered legally, how they overtly determine the shape of our government, and how they affect all levels of society, especially when the corruption is overlooked and downplayed by the rich and well-educated.

Pharma

Author: Gerald Posner

Publisher: Simon and Schuster

Published: 2021-04-13

Total Pages: 816

ISBN-13: 1501152033

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"Exorbitant prices for lifesaving drugs, safety recalls affecting tens of millions of Americans, and soaring rates of addiction and overdose on prescription opioids have caused many to lose faith in pharmaceutical companies. Now, Americans are demanding national reckoning with a monolithic industry. In Pharma, award-winning journalist and New York Times best-selling author Gerald Posner uncovers the real story of the Sacklers, the family that became one of America's wealthiest from the success of OxyContin, their blockbuster narcotic painkiller at the centure of the opioid crisis. The unexpected twists and turns of the Sakler family saga are told against the startling chronicle of a powerful industry that sits at the intersection of public health and profits. Pharma reveals how and why American drug companies have put earnings ahead of patients"--

Age of Greed

Author: Jeff Madrick

Publisher: Vintage

Published: 2012-06-12

Total Pages: 482

ISBN-13: 1400075661

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A vivid history of the economics of greed told through the stories of those major figures primarily responsible. Age of Greed shows how the single-minded and selfish pursuit of immense personal wealth has been on the rise in the United States over the last forty years. Economic journalist Jeff Madrick tells this story through incisive profiles of the individuals responsible for this dramatic shift in our country’s fortunes, from the architects of the free-market economic philosophy (such as Milton Friedman and Alan Greenspan) to the politicians and businessmen (including Nixon, Reagan, Boesky, and Soros) who put it into practice. Their stories detail how a movement initially conceived as a moral battle for freedom instead brought about some of our nation's most pressing economic problems, including the intense economic inequity and instability America suffers from today. This is an indispensible guide to understanding the 1 percent.

American Greed

Author: Michael S. Rothberg

Publisher: AuthorHouse

Published: 2010-06-28

Total Pages: 160

ISBN-13: 1452022275

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American Greed is both a personal and professional look at how greed caused the Great Recession in 2008.Leading up to this particular recession were steep declines in the housing market combined with the banking system sliding to the verge of collapse. Thenews of the day were full of stories about the mismanagement of risk at financial service companies who nevertheless paid out huge bonuses to executives, rewarding them for ruining their own companies. Americans were largely over-extended, with tremendous amounts of debt on charge cards and mortgages they couldnt afford, combined with rising unemployment, tightening credit and increasing expenses such as gasoline, electricity, and food. All of these elements made for the perfect economic storm. As an Investment Advisor Representative for MetLife since 1992, I have seen how greed has impacted peoples lives. I witnessed patterns of abuse, the inability of people to plan for anything financial or personal and in some cases situations of illegalities. By meeting with numerous people over a long period of time, I gained first hand exposure and bore witness to what was happening in a very unique and particular way. At the time I was writing this book, I had 1,300 clients and met with thousands of prospects over the years to assist them with retirement planning.

American Greed

Author: Saeed Fazeli

Publisher:

Published: 2010

Total Pages: 164

ISBN-13: 9780983177104

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Fazeli, a victim of a ponzi scheme that robbed more than 50 people of more than $48 million dollars, details the scheme, how it was pulled off, and how he ultimately discovered and exposed it.

American Oligarchs: The Kushners, the Trumps, and the Marriage of Money and Power

Author: Andrea Bernstein

Publisher: W. W. Norton & Company

Published: 2020-01-14

Total Pages: 496

ISBN-13: 1324001887

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An absorbing, novelistic, and powerfully affecting work of history and investigative journalism that tracks the unraveling of American democracy. In American Oligarchs, award-winning investigative journalist Andrea Bernstein tells the story of the Trump and Kushner families like never before. Building on her landmark reporting for the acclaimed podcast Trump, Inc. and The New Yorker, Bernstein brings to light new information about the families’ arrival as immigrants to America, their paths to success, and the business and personal lives of the president and his closest family members. Drawing on hundreds of interviews and more than one hundred thousand pages of documents, American Oligarchs details how the Trump and Kushner dynasties encouraged and profited from a system of corruption, dark money, and influence trading, and reveals the historical turning points and decisions?on taxation, regulation, white-collar crime, and campaign finance laws?that have brought us to where we are today. A new afterword examines how the two families’ transactional politics left America particularly vulnerable to the crises of 2020.

Broken Trust

Author: Samuel P. King

Publisher: University of Hawaii Press

Published: 2006-01-01

Total Pages: 344

ISBN-13: 9780824830144

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Princess Bernice Pauahi Bishop was the largest landowner and richest woman in the Hawaiian kingdom. Upon her death in 1884, she entrusted her property--"known as Bishop Estate--"to five trustees in order to create and maintain an institution that would benefit the children of Hawai'i: Kamehameha Schools. A century later, Bishop Estate controlled nearly one out of every nine acres in the state, a concentration of private land ownership rarely seen anywhere in the world. Then in August 1997 the unthinkable happened: Four revered kupuna (native Hawaiian elders) and a professor of trust-law publicly charged Bishop Estate trustees with gross incompetence and massive trust abuse. Entitled "Broken Trust," the statement provided devastating details of rigged appointments, violated trusts, cynical manipulation of the trust's beneficiaries, and the shameful involvement of many of Hawai'i's powerful. No one is better qualified to examine the events and personalities surrounding the scandal than two of the original "Broken Trust" authors.Their comprehensive account together with historical background, brings to light information that has never before been made public, including accounts of secret meetings and communications involving Supreme Court justices.