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From the City of London to the deserts of Arabia, the former Soviet states, and sub-Saharan Africa, this book traces the life and career of a man who has been a banker in some remarkably challenging environments over a period of half a century. The author has counted bales of cotton in Yemen, dodged Israeli bombs in Lebanon, financed exports from Romania in the days of Ceausescu, been a banker to a member of a ruling family in the Gulf, conducted business in the sauna of a bank in Kazakhstan, and met Her Majesty Queen Elizabeth II. In his spare time, he has taken an active part in amateur theater groups in the countries in which he has lived, served as a member of committees administering cemeteries, and been a warden appointed by the British Embassy to assist their citizens in times of trouble. As well as being an engrossing story of banking in many varied countries, the book includes chapters about the background to the problems of some of the places in which he has worked that show a clear understanding of the history and politics involved. Having lived in the Middle East for much of his life, he comments on the Arab Spring, and his long and diverse banking career has enabled him to write incisively on events in the industry in recent years. He draws conclusions on both of these momentous stories.
From the City of London to the deserts of Arabia, the former Soviet states, and sub-Saharan Africa, this book traces the life and career of a man who has been a banker in some remarkably challenging environments over a period of half a century. The author has counted bales of cotton in Yemen, dodged Israeli bombs in Lebanon, financed exports from Romania in the days of Ceausescu, been a banker to a member of a ruling family in the Gulf, conducted business in the sauna of a bank in Kazakhstan, and met Her Majesty Queen Elizabeth II. In his spare time, he has taken an active part in amateur theater groups in the countries in which he has lived, served as a member of committees administering cemeteries, and been a warden appointed by the British Embassy to assist their citizens in times of trouble. As well as being an engrossing story of banking in many varied countries, the book includes chapters about the background to the problems of some of the places in which he has worked that show a clear understanding of the history and politics involved. Having lived in the Middle East for much of his life, he comments on the Arab Spring, and his long and diverse banking career has enabled him to write incisively on events in the industry in recent years. He draws conclusions on both of these momentous stories.
Perkins, a former chief economist at a Boston strategic-consulting firm, confesses he was an "economic hit man" for 10 years, helping U.S. intelligence agencies and multinationals cajole and blackmail foreign leaders into serving U.S. foreign policy and awarding lucrative contracts to American business.
Hunt the Banker is a memoir of Lebedev's own hair-raising experiences as someone who aspires to show that an 'honest banker' is not an oxymoron. There is the thread of a whodunit as his attempts at constructive and charitable business enterprises are systematically torpedoed by a person or persons unknown.
Featuring 15 explosive new chapters, this new edition of the New York Times bestseller brings the story of Economic Hit Men up-to-date and, chillingly, home to the U.S.―but it also gives us hope and the tools to fight back. The previous edition of this now-classic book revealed the existence and subversive manipulations of "economic hit men. John Perkins wrote that they are highly paid professionals who cheat countries around the globe out of trillions of dollars. Their tools include fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder. In Perkins's case the tool was debt-convincing strategically important countries to borrow huge amounts of money for enormous, development projects that served the very rich while driving the country deeper into poverty and debt. And once indebted, these countries could be controlled. In this latest edition, Perkins provides revealing new details about how he and others did their work. But more importantly, in an explosive new section he describes how the EHM tools are being used around the world more widely than ever-even in the U. S. itself. The cancer has metastasized, yet most people still aren't aware of it. Fear and debt drive the EHM system. We are hammered with messages that terrify us into believing that we must pay any price, assume any debt, to stop the enemies who, we are told, lurk at our doorsteps. The EHM system-employing false economics, bribes, surveillance, deception, debt, coups, assassinations, unbridled military power-has become the dominant system of economics, government, and society today. It has created what Perkins calls a Death Economy. But Perkins offers hope: he concludes with dozens of specific, concrete suggestions for actions all of us can take to wrest control of our world away from the economic hit men, and help give birth to a Life Economy.
Explains how the author was compelled to help the world's working poor, describing how he discovered the Kiva.org micro-loan portal and his visits to world regions where the organization's loans have enabled people and small businesses to revitalize.
This work offers a comprehensive examination of the development and structure of the provisions for the control of international financial markets. It explores the background to the major financial crises of the late 20th-century and the nature of the global response.
John Perkins’ controversial and bestselling exposé, Confessions of an Economic Hit Man, revealed for the first time the secret world of economic hit men (EHMs). But Perkins’ Confessions contained only a small piece of this sinister puzzle. The full story is far bigger, deeper, and darker than Perkins’ personal account revealed. Here other EHMs, journalists, and investigators join Perkins to tell their own stories, providing the first probing and expansive look into this pervasive web of systematic corruption. With chapters spotlighting how specific countries around the globe have been subverted, A Game As Old As Empire uncovers the inner workings of the institutions behind these economic manipulations. The contributors detail concrete examples of how the “economic hit man game” is still being played: an officer of an offshore bank hiding hundreds of millions of dollars in stolen money, IMF advisers slashing Ghana’s education and health programs, a mercenary defending a European oil company in Nigeria, a consultant rewriting Iraqi oil law, and executives financing warlords to secure supplies of coltan ore in Congo. Together they show how this system of corruption and plunder operates in real life, and reveal the price that the rest of the world must pay as a result. Most important, A Game As Old As Empire connects the dots, showing how the various pieces of this system come together to create the world’s first truly global empire.
Microfinance insider Hugh Sinclair weaves a shocking tale of an industry focused on maximizing profits and plagued by predatory lending practices, scandals, cover-ups and corruption.
Never has the World Bank's relief work been more important than in the last nine years, when crises as huge as AIDS and the emergence of terrorist sanctuaries have threatened the prosperity of billions. This journalistic masterpiece by Washington Post columnist Sebastian Mallaby charts those controversial years at the Bank under the leadership of James Wolfensohn—the unstoppable power broker whose daring efforts to enlarge the planet's wealth in an age of globalization and terror were matched only by the force of his polarizing personality. Based on unprecedented access to its subject, this captivating tour through the messy reality of global development is that rare triumph—an emblematic story through which a gifted author has channeled the spirit of the age. This edition features a new afterword by the author that analyzes the appointment of Paul Wolfowitz as Wolfensohn's successor at the World bank