A Convergence of Greed And Political Influence by Guadamour

by Guadamour
Featured Writer
Dandelion Salad
January 15, 2012

Occupy Milwaukee

Image by jennaddenda via Flickr

Pulitzer Prise winner James B. Stewart’s book, Den of Thieves, came out in 1992 and detailed the corruption in the financial and political underpinnings of the country. After reading it, one hoped they would never have to read another book on that topic, because the problems which caused it would be fixed. The book told the story of insider trading scandals involving Ivan Boesky, Michael Milken and other financiers and their Investment bankers, using junk (high-yielding, high-risk unrated corporate ) bonds to takeover companies. Continue reading