In Mafia terms, it’s called “making an offer that can’t be refused”. The “offer” is not one of free choice between options that may benefit the object party. In reality, it is about setting up a scenario of duress, under which the object party is coerced to capitulate to detrimental terms of extreme prejudice determined cynically by the other party.
Sent to Dandelion Salad from Les Leopold
by Nomi Prins
May 23, 2013
How to Make a Million Dollars an Hour: Why Hedge Funds Get Away With Siphoning Off America’s Wealth
A book by Les Leopold
Les Leopold’s latest masterpiece, How to Make a Million Dollars an Hour: Why Hedge Funds Get Away With Siphoning Off America’s Wealth, is necessary, alarming and really funny. His talent for deconstructing complex financial terms and topics constitutes a public service. What he reveals in “How to Make,” in a sardonic and appropriately irreverent tone, is something more ominous.