The Inside Story of the Crooks and Kleptocrats Who Rule the World

Book - 2019 | First St. Martin's Press edition.
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2 5 Business Thrillers to Read on the Beach This Summer * Amazon Best Book of the Month - Nonfiction * An Economist Book of the Year * The Sunday Times Business Book of the Year

"If you want to know why international crooks and their eminently respectable financial advisors walk tall and only the little people pay taxes, this is the ideal book for you. Every politician and moneyman on the planet should read it, but they won't because it's actually about them." --John le Carré, author of A Legacy of Spies

An investigative journalist's deep dive into the corrupt workings of the world's kleptocrats.

From ruined towns on the edge of Siberia, to Bond-villain lairs in London and Manhattan, something has gone wrong. Kleptocracies, governments run by corrupt leaders that prosper at the expense of their people, are on the rise.

Once upon a time, if an official stole money, there wasn't much he could do with it. He could buy himself a new car or build himself a nice house or give it to his friends and family, but that was about it. If he kept stealing, the money would just pile up in his house until he had no rooms left to put it in, or it was eaten by mice.

And then some bankers had a bright idea.

Join the investigative journalist Oliver Bullough on a journey into Moneyland --the secret country of the lawless, stateless superrich.

Learn how the institutions of Europe and the United States have become money-laundering operations, attacking the foundations of many of the world's most stable countries. Meet the kleptocrats. Meet their awful children. And find out how heroic activists around the world are fighting back.

This is the story of wealth and power in the 21st century. It isn't too late to change it.

Publisher: New York : St. Martin's Press, 2019.
Edition: First St. Martin's Press edition.
Copyright Date: ©2019
ISBN: 9781250208705
Branch Call Number: 364.1323
Characteristics: 296 pages ; 25 cm


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Jul 01, 2019

money rules

Jun 05, 2019

This is really a complementary book to Nicholas Shaxon's outstanding book, Treasure Islands - - this one by Mr. Bullough fills in some of the details, et cetera.
Rich in detail, complete in conveying the crucial facts for required understanding.
The author writes the German-British financier, Siegmund Warburg, led the way as a prime mover in the offshore world. The writer may be correct in his assessment, but I've also read of the little-known attorney, Marshall Langer, who paved the way in establishing Bermuda, the Bahamas and Cayman Islands as offshore center sites - - so was this independent of Warburg, or following Warburg's lead, or connected to Warburg? Would be interesting to find the score. Also, there was a William Langer involved in setting up financial systems and budgets at the CIA int he 1950s and early 1960s - - although I've been unable to establish a family relation between William and Marshall, I wonder if they are related given the surnames?
Great book!


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