Predator Nation: Corporate criminals, political corruption, and the hijacking of America

Predator Nation Corporate criminals political corruption and the hijacking of America Charles H Ferguson who electrified the world with his Oscar winning documentary Inside Job now explains how a predator elite took over the country step by step and he exposes the networks of acade

  • Title: Predator Nation: Corporate criminals, political corruption, and the hijacking of America
  • Author: CharlesFerguson
  • ISBN: 9780307952554
  • Page: 483
  • Format: Hardcover
  • Charles H Ferguson, who electrified the world with his Oscar winning documentary Inside Job, now explains how a predator elite took over the country, step by step, and he exposes the networks of academic, financial, and political influence, in all recent administrations, that prepared the predators path to conquest Over the last several decades, the United States has uCharles H Ferguson, who electrified the world with his Oscar winning documentary Inside Job, now explains how a predator elite took over the country, step by step, and he exposes the networks of academic, financial, and political influence, in all recent administrations, that prepared the predators path to conquest Over the last several decades, the United States has undergone one of the most radical social and economic transformations in its history Finance has become America s dominant industry, while manufacturing, even for high technology industries, has nearly disappeared The financial sector has become increasingly criminalized, with the widespread fraud that caused the housing bubble going completely unpunished Federal tax collections as a share of GDP are at their lowest level in sixty years, with the wealthy and highly profitable corporations enjoying the greatest tax reductions Most shockingly, the United States, so long the beacon of opportunity for the ambitious poor, has become one of the world s most unequal and unfair societies If you re smart and a hard worker, but your parents aren t rich, you re now better off being born in Munich, Germany or in Singapore than in Cleveland, Ohio or New York.This radical shift did not happen by accident.

    One thought on “Predator Nation: Corporate criminals, political corruption, and the hijacking of America”

    1. Really riveting nonfiction book; Predator Nation gives readers a hauntingly accurate analysis of greed, power, industry, finance and overall corruption that has gripped the nation in recent decades.

    2. Predator Nation is the companion book to the Academy Award winning film Inside Job. Both document events that led to the 2007 global economic collapse pinning the blame squarely on deregulation and corrupt and likely criminal behavior by leading financial institutions who:- Lobbied for (and received) deregulation- Initiated “liar” loans- Bundled them into “shitty” tranches- Colluded with ratings agencies to have them labeled as AAA securities- Sold them to suckers then bet that they woul [...]

    3. "Forgive me," Charles Ferguson said when presented with an Oscar for Inside Job. "I must start by pointing out that three years after our horrific financial crisis caused by financial fraud, not a single financial executive has gone to jail, and that's wrong."When Ferguson said those words I wanted him to name names. Who deserves jail time, and how is he sure of it? In Predator Nation Ferguson answers those questions. Here are two names, just as a teaser: Angelo Mozilo, who cut special loans for [...]

    4. If you're looking for a book that will leave you infuriated and wanting to make changes to this country, then this is definitely it. Ferguson talks about issues that I never thought I would be able to understand (like credit default swaps), but uses language that is simple and concise. I came out not only with a better understanding of economics and present day financial practices, but a more thorough understanding of why the US economy is where it is today. Rather than coming across as some eru [...]

    5. A very important--and disturbing--book about the corruption of our financial services industry and American decline. Everybody should read this book.

    6. This book is a must read for anyone who cares about America and what has happened to it over the last 30 odd years or so. I picked up this book after seeing Charles Ferguson's documentary film Inside Job. I would recommend that you watch that film before reading this book as it is a sort of prequel to the book and it will also allow you to get to know some of the main players in the book. While it is not a prerequisite as the book can, and does, stand alone, I am glad I saw the movie first.While [...]

    7. Nonfiction usually annoys me, because all too often I find that the author constantly finds ways to draw attention to themselves at the expense of their point. Ferguson doesn't do this. Far from being annoying, PN is an impassioned, well-researched account of the financial crisis and its accoutrements, and, even more impressively, it managed to get me riled up about and invested in financial policy for the first time ever. I truly do feel more informed and empowered now that I can hold my own on [...]

    8. This book gave me cancer but it's not the author's fault. It's the fault of the selfish, entitled, punk-ass bitches that drove my country down a shithole and are getting away with it. This is a book everyone needs to read STAT, and then get livid, grab some torches and pitchforks, and start a revolution. Both mainstream parties in this nation are worth precisely less than nothing. The lesser of two evils is *still* evil. When will we ever learn? As the author states, let's hope it doesn't take a [...]

    9. Not quite a 2008 Finanical Crisis for Dummies, this is something of a quasi-introductory text, along with a non-attorney's indictment of numerous persons, public and private.Makes the case that the crisis was caused by numerous defects, including the decades' long process of deregulation, insane incentives in finance, and so on. Conclusively, but briefly, refutes the rightwing mythology that the crisis was caused by too much regulation and the Community Reinvestment Act.Details involvement in th [...]

    10. my blood was boiling, i feel like ranting but all for a good reason: This book speaks volumes about what is happening with the US financialcrisis and the curroption in the wall street, corporation, and even politics. I not only recommend this book, but i demand that everyone reads this book and get angry. We need to get this book in every hand and get them to start demanding a change this time and do a new occupy movement and this time get serious and make our voice be heard. This is not a book [...]

    11. I would have given this book a much higher rating if it hadn't been for its very uneven presentation. The author has a great deal to say and a great deal of facts to back it up, but he also has a ton of just plain verbage. The beginning is especially verbose, full of chest beating, and evangelist-on-the-street-corner shouting, but he eventually gets to the evidence to support his positions and extremely compelling arguments for following his proposed course of action. His biggest rant is about B [...]

    12. By now there are so many books out on the origins and aftermath of the Great Recession it can be hard to say why one stands out over another. But as anyone who's seen his Academy Award-winning "Inside Job" knows, Ferguson has a knack for telling a compelling story. His real contribution here is laying out in strong detail the pervasive, systemic nature of criminality in the financial industry - alongside the continuing disgrace that not one of the dangerous psychopaths responsible has been broug [...]

    13. Thorough review of the appalling corruption and collusion in the financial, politcal and academic sectors. We will never be able to round these criminals up and send them to jail where they belong. Even more sadly, we are not even trying. A shameful disregard for the values that made America great.

    14. Deserves 5 stars for its importance but is pretty wonkish, which doesn't bother me but doesn't make it a page turner either.

    15. This book is a great analysis of the financial industry in the States and how they brought about the market crash of 2008. very important reading.

    16. Charles H. Ferguson, who electrified the world with his Oscar-winning documentary Inside Job, now explains how a predator elite took over the country, step by step, and he exposes the networks of academic, financial, and political influence, in all recent administrations, that prepared the predators’ path to conquest. Over the last several decades, the United States has undergone one of the most radical social and economic transformations in its history. ·Finance has become America’s domina [...]

    17. Finishing this book just reinforces my initial reaction: where are the Red Brigades when our country and the world needs them? Obviously those political delinquents have long ago gone to jail or grown up, and the subsequent generations have had better sense (or a more realistic sense of how ineffective violence is in the long run) than to perpetrate knee-cappings or worse up to our own times. But the crimes detailed in this book, and they are crimes, call out for more than civil prosecutions; mo [...]

    18. This is a must read for anyone who wants to know what really happened during the financial crisis. This is the writer of "Inside Job" which is the top documentary describing the financial crisis. The book fills in the details to give the reader solid examples of exactly what happened and it helps the reader to visualize the true nature of the financial crisis. For instance, the description of how the major banks sold their clients products they knew would fail in order to short those products an [...]

    19. Charles Ferguson delivers a scathing account of the financial crisis and thoughts on how to move on to a more productive and more equal society. The film "Inside Job" (2010 was the Academy Award winning documentary that brought about the genesis of "Predator Nation: Corruption Criminals, Political Corruption, and the Hijacking of America" so Ferguson has spent years researching the crisis and confronting many of the key players involved. The author is angry and wants to deeply understand the pas [...]

    20. One would hope that a vague idea of the argument made within this book was within a majority of Americans minds already. However, I have to accept that this just isn't the case. Most are happily clueless about the massive corruption within the banking and finance industries. They most likely are also clueless at how hopeless and bought over are the current two political parties in this country. Why read this book? This book gives an exhaustive account of what lead up to the crash of 08, what our [...]

    21. Luin kirjan suomennoksen Rosvojen valtio: Yritysten rikollisuus, poliittinen korruptio ja Yhdysvaltain kaappaaminen.Kirja oli hyytävää luettavaa. Ferguson laajensi kirjassaan Inside Job -dokumenttielokuvaansa monipuolisemmilla todisteilla rahoitusmarkkinoiden sääntelyn purkamisen tuhoisista seurauksista. Todistustaakka vaikutti vastaanpanemattomalta.Rahoitusmarkkinoita vain ohuesti seuraavana pysyin kuitenkin hyvin juonessa mukana. Minua jäivät erityisesti mietittämään1. Moraalin rapis [...]

    22. Oy, what a morass we have gotten ourselves into with our financial heedlessness. Lloyd Blankfein and the rest of the rogue's gallery are such loathsome, mendaciloquent crooks, but walking through the halls of my law school (where Blankfein's son incidentally graduated alongside of me) you'd be more likely to hear them adulated than suggested to be criminals on the grandest scale. After listening to this, however, I think the worst of the blackguards may be private equity managers.Overall this wa [...]

    23. Written by the person who brought us the film, "Inside Job", this book is eye-opening and depressing. Welcome to the world of finance: unethical business practices reinforced by pay policies, bought academics, and the revolving door between Wall Street, academia, and government.The author is not kind to the Obama administration. Essentially, Obama has an administration from Wall Street. And now they don't like him. Obama has given them such slack that I can only imagine what excesses they expect [...]

    24. Even if you've read other materials about the financial meltdown you will still be amazed at the way Corporations like banks you may do business with have gotten away with whatever they want to do. The way CEOs played golf instead of caring about the state of their company and their employees. Wells Fargo purchased Wachovia knowing full well they laundered money for drug cartels; you don't make a purchase like that without knowing the full disclosure. Charles Ferguson explains how regulatory age [...]

    25. Read this if you are prepared to face the realities that this nation has been brought to, allowed itself to be brought to, by the corrupting nature of finance politics. Read this if you want the names of those who have pillaged this country to be repeated enough times to stick in your mind like a well-worn grudge. There will be parts that the average citizen (myself in relation to finance) will begin to tune out, but resist and carry on, its worth it. I rate this four stars because of some redun [...]

    26. This was an excruciating book to read. It felt like a fight to get through a single page but not because the book was poorly-written--on the contrary, Ferguson does a great job of clarifying so much of what was made intentionally obscure during the housing bubble--but because it is so unflinching in delivering the bad news about the state of our country (and ultimately, I think, the state of the world.) I don't fault him for being so seemingly halfhearted in his attempts at suggesting solutions [...]

    27. A jeremiad, a polemic, a diatribe. Strong, though not so strong or so compelling as Inside Job for which he won the Academy Award for Best Documentary. At the end, however, one is convinced the country and its politicians have been bought. I place more of the blame at the feet of the Republican Part; Ferguson, however, makes a good case that both parties have effectively been bought. I felt he was less compelling at the end; not so clear about what to do but to throw the rascals out. Not clear f [...]

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