Barbarians of Wealth (eBook)

How the actions of a few in Europe destroyed the prosperity of
the many (and how it's happening again now in America)

After the fall of the Roman Empire, vicious barbaric tribes
including the Hunds lead by Atilla, the Mongols, Charlemagne and
the Vikings invaded Europe, plundering property and destroying
homes. But, they didn't just steal and destroy property in the
villages; they also stole and destroyed any prosperity the
villagers had previously enjoyed. What's worse is the barbarians of
the Dark Ages did all of this not out of any deeply held religious
or political belief, but, rather, for the oldest reason in the book
- their own personal financial gain. Some things never
change.

Barbarians of Wealth examines how the greedy,
self-serving decisions of a select group of politicians and
financial institutions negatively impacts the economy and,
ultimately, destroys America's prosperity and the American way of
life. Compelling and engaging, the book

* Details how Goldman Sachs peddled mortgage backed securities up
and down Wall Street while secretly betting against their
demise

* Discusses how Sanford Weill, founder of Citigroup spent $100
million lobbying for the repeal of the Glass-Steagall Act that
prevented the merger of commercial and investment banks and got his
way.

* Examines Christopher Dodd, head of the U.S. Senate Banking
Committee, has enriched himself while driving down the prosperity
of his constituents

* Offers up examples of other modern barbarians, including the
Federal Reserve, Alan Greenspan, Hank Paulson, and Timothy
Geithner.

* Highlights greed driven tactics of Wall Street corporations
including JP Morgan, Merrill Lynch, and Salomon Brothers.

Barbarians of Wealth is a timely must read for
hard-working Americans concerned with their prosperity, as well as
for those fascinated with the inner workings of Washington and Wall
Street.