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Like tentacles on a vast octopus, the firsthand investigations in The Blood Bankers all lead to one core. A financial detective of sorts, investigative journalist Jim Henry analyzes a range of scandals, including the looting of the Philippines by the Marcos family and the financial collapse of nations throughout the developing world. A rogues' gallery of international criminals owes its existence to the dramatic growth of the underground global economy over the last two decades. Our world is being reshaped, often in sinister fashion, by wide open capital markets and an international banking network that exists to launder hundreds of billions of dollars in ill-gotten gains. Here is an inside look at globalization's dark side—the new high growth global markets for influence-peddling, capital flight, money laundering, weapons, drugs, tax evasion, child labor, illegal immigration, and other forms of transnational crime.
- Sales Rank: #1066284 in Books
- Brand: Henry, James S./ Bradley, Bill (INT)
- Published on: 2005-06-30
- Original language: English
- Number of items: 1
- Dimensions: 8.75" h x 5.75" w x 1.50" l, 1.29 pounds
- Binding: Paperback
- 464 pages
About the Author
An attorney, former chief economist for McKinsey & Co., and vice president for strategy for IBM/Lotus, James S. Henry is also an investigative journalist who has written for many publications, including The New Republic, New York Times, Washington Post, U.S. News & World Report, and many other magazines and newspapers. One of the original "Nader Raiders," he is founder and managing director of the Sag Harbor Group (www.sagharbor.com), a strategy consulting firm with a special focus on technology strategy and business development. He has managed projects on a wide variety of competitive strategy issues for many global companies, including AT&T, GE, GM, IBM/ Lotus, Merrill Lynch, and the Samsung Group. He also serves as an advisor and board member of Peoplink.org, a nonprofit that focuses on bringing the benefits of e-commerce to developing countries, and an advisor to Ashoka, a "reverse Peace Corps" that sponsors more than 1500 fellows working on social and environmental issues in 30 developing countries. He is a graduate of Harvard College and Harvard Law School, a member of the New York Bar, and received a master's degree in economics from the Harvard Graduate School of Arts and Sciences.
Most helpful customer reviews
1 of 1 people found the following review helpful.
Read it and weep!
By Claire. Whitley
This is one of five or six books I have recently read on politics and the economy. It is an eye-opener, and can be quite shocking for the politically innocent reader. It deals with powerful forces who run our country and government behind the scenes. If you've heard about the New World Order, One-World Government, and other ambiguous organizational names and wondered what it all means, this book is for you. It may make your blood run cold, but if you're interested in what goes on in the world, it will be worth it. It may also motivate you to read other books by hit men, bankers, and others who worked in these fields until they were sickened by the corruption which undermines our government. A must-read for mature readers.
7 of 8 people found the following review helpful.
Bankers 1 : U.S. Taxpayers 0
By Elliot Malach
Based on the material presented in this book it is 5 Stars. Based on the fact that the author fails to connect the dots, 3 Stars. So, I gave the book 4 Stars.
The author seems to be stumped by why all the loans to underdeveloped countries have not resulted in greater wealth and improvements. Well, maybe that wasn't the plan in the first place. For all the corrupt projects and statistics the author reveals, he seems extremely naïve to the reality of the situation.
if you want to read about corruption, how the U.S. taxpayers are getting screwed and speculate on where all the loan money went, this is the book. But if you want to know how the system is structured to achieve exactly what is going on in all these debt-ridden countries and why all the projects are colossal over-budget failures, read "Confessions of an Economic Hit Man." What is happening over and over in all these countries is not an accident. It is a plan by the CIA, IMF, World Bank and others to exploit these countries in what can be considered transnational colonialism.
The same players are always involved, just the name of the country is changed. But the author can't seem to connect the dots... or he just doesn't want to admit that there is a conspiracy going on. Does the author believe it is a coincidence that the heads of some of these institutions later became head of the CIA or other intelligence agencies?
0 of 0 people found the following review helpful.
Connecting the dots
By Hatatitla
The book is bringing some light into underground world. Due enormous scale of underground operations of establishment and sealed archives, it is not easy to uncover all by one shot. To make horizon panoramic I recomend books: Bad Samaritans, by Chang; and: Confessions of an economic hitman, by Perkins. This trilogy is good starter kit
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