Ellen Frank, author of The Raw Deal: How Myths and Misinformation About Deficits, Inflation and Wealth Impoverish America
[T]he definitive account of the schemes, scams, and monumental egos that emptied out untold 401ks and left thousands jobless.

John Dizard, Financial Times
Nomi Prins's work brings together a social justice perspective and a rigorous financial methodology.

Ralph Nader
A book that needs to be in the hands of any citizen interested in economic justice and fair play in the marketplace

Bethany McLean, senior writer at Fortune and co-author of The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron
While her book may make you angry, it will also make you laugh.

Book Description
Critical, independent voices are seldom found within the citadels of international finance. That's what makes Nomi Prins unique. During fifteen years in the upper flights of banks like Goldman Sachs, Bear Stearns, and Lehman Brothers, Prins never lost her ability to see the broader picture. Furthermore, as this eye-opening book testifies, she lived to tell the tale. The result is an insider's account of the big banks' giddy ride through the boom economy. Prins provides fascinating firsthand detail of day-to-day life in the financial leviathans, with all its rich absurdities and ceaseless power plays. Uncovering the old-boy networks and hot-money flows between Wall Street, Corporate America, and Capitol Hill, she also exposes the whitewash reforms brought in to control them. In the first years of the Bush administration some of America's most prominent corporate executives cashed out billions of dollars in stock options before driving their companies to ruin through fraud and bankruptcy. In their wake they left a tangle of lost jobs, depleted pensions, and shattered lives. Yet, to write off this corruption as the unbridled greed of a select few is an oversimplification. As Prins shows in this devastating exposé, the much-publicized corporate malfeasance of recent years resulted from deregulation that trashed the rules of responsible corporate behavior. Faced with increasingly absent regulatory agencies, toothless legislation, and an utter lack of accountability, the stock market roared on the back of phony balance sheets while the executives made out like bandits and Congress looked the other way. Worse yet, everything remains in place for a repeat performance.

About the Author
Nomi Prins has held posts as managing director at Goldman Sachs, senior managing director at Bear Stearns, as well as senior positions at Lehman Brothers and the Chase Manhattan Bank. She has written for Newsday, Fortune, The Guardian, Left Business Observer, and La Vanguardia. She is a senior fellow with the public policy center Demos.

FROM THE PUBLISHER

Critical, independent voices are seldom found within the citadels of international finance. That's what makes Nomi Prins unique. During fifteen years in the upper flights of banks like Goldman Sachs, Bear Stearns, and Lehman Brothers, Prins never lost her ability to see the broader picture. Furthermore, as this eye-opening book testifies, she lived to tell the tale.

The result is an insider's account of the big banks' giddy ride through the boom economy. Prins provides fascinating firsthand detail of day-to-day life in the financial leviathans, with all its rich absurdities and ceaseless power plays. Uncovering the old-boy networks and hot-money flows between Wall Street, corporate America, and Capitol Hill, she also exposes the whitewash reforms brought in to control them.