Schweizer Peter: Throw Them All Out: How Politicians and Their Friends Get Rich Off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison
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Жанр : Houghton Mifflin Harcourt
Издательство : Houghton Mifflin Harcourt
Год издания : 2012
Аннотация:
How is it that politicians often enter office with relatively modest assets, yet then, as investors, regularly beat the market and sometimes beat the most rapacious hedge funds? How is it that billionaires and hedge fund managers often make well-timed investment decisions that anticipate events in Washington? Welcome to crony capitalism. In this timely book, Peter Schweizer exposes Washington's epidemic of honest graft. Members of Congress trade stocks based on privileged information. They insert earmarks into bills to improve their own real estate holdings. Campaign contributors receive billions in federal grants. And it's all perfectly legal. Throw Them All Out, now with a new Afterword, casts light into the darkest corners of the political system — and offers ways to clean house.