It Takes a Pillage

  • It Takes a Pillage: Behind the Bailouts, Bonuses, and Backroom Deals from Washington to Wall Street
    by Nomi Prins

    In Favorite Books of 2009  by The Progressive 

    In Notable Economic Books of 2009 by CSPAN

    "Having been at Goldman Sachs, Nomi Prins knows how to read spreadsheets, knows the people, and knows Wall Street's games. Nomi knows and now Nomi tells."
    Jim Hightower, Author, Swim Against the Current

    “A lively account of the Wall Street machinations and Washington deregulation that led up to the economic crisis.”
    Dean Baker, Co-Director Center for Economic and Policy Research 

    "No one takes Wall Street to task like Nomi Prins. But this book is far more than a pointed attack on how greed and bad regulation created a global economic meltdown-it also offers concrete prescriptions for how to prevent the next crisis. Let's hope Washington is listening."
    James Ledbetter, Editor, The Big Money

    "Nomi Prins has applied her unmatched expertise in Wall Street's arcane methods of turning your money into their bonuses to mapping the recent crisis. In compelling, scathing prose, she shows how the key players escaped being brought to account, and kept their pet officials in power."
    John Dizard, The Financial Times

    "If you want to understand why the Geithher-Summers plan won't solve the financial crisis, and why Wall Street is disgraced but still calling the shots, you can't do better than the brilliantly written and documented "It Takes a Pillage," by former investment banker and financial critic Nomi Prins.
    Robert Kuttner, co-editor, The American Prospect and author of "Obama's Challenge."

    "A former Goldman Sachs insider, Prins quit Wall Street the better part of a decade ago to started telling the secrets of the temple. 

    Her books warned about the speculation, the dirty deals and the dangers inherent in the decline of regulation.

    A fellow with Demos think tank, Prins keeps tabs on the cost of the bailout to taxpayers and society at her website.

    And her new book, just out, has the best title and the best analysis of the meltdown and the raid on the Treasury that followed."
    John Nichols, The Nation

    "Prins combines her insider information with her journalistic muscle to give readers a vivid portrait of what went wrong and who should be held responsible."
    The Daily Beast

    "One problem financial journalists sometimes face is too little space to explain extremely complicated bailouts precisely. Some of these things need book-length treatment -- luckily Prins has just such a book."
    Joshua Zumbrun, Forbes.com

    "Relative to the voices of the establishment, both in the political world and in the mainstream financial press, Prins is admirably clear and direct."
    Matthew Yglesias, The American Prospect