Review

The banks really do run the place. Simon Johnson dissects the financial oligarchy that controls our economy and the government, and makes plain why it is that, despite the massive financial fraud scheme that collapsed the world economy, nobody went to jail or was ever in real danger of prosecution. And he shows how nothing has changed. If anything, the main result of the financial collapse is that banks that were already ‘too big to fail’ are now bigger and more powerful than ever.

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