On April 8th, Nation Books released the latest book from investigative journalist Nomi Prins: All the Presidents' Bankers. According to Kai Bird, "Nomi Prins follows the money. She used to work on Wall Street. And now she has written a seminal history of America's bankers and their symbiotic relationship with all the presidents from Teddy Roosevelt through Barack Obama. It is an astonishing tale...."
All the Presidents' Bankers delivers an explosive account of the longstanding interdependence between the White House and Wall Street. Prins weaves a fascinating narrative of how an elite group of men transformed the American economy and government, dictated domestic public policy, and shaped world history over the past century. Prins deftly ushers readers into the intimate world of Ivy League schools, exclusive clubs, vacation spots, and closed-door deals, to provide a detailed history of how power operates in America. All the Presidents' Bankers shows that with no line between political and financial authority, there can be no true democracy — and that the time has come to break these alliances before it's too late.
The book is already receiving significant attention and was reviewed by Kirkus Reviews, which calls it a "revealing look at the often symbiotic, sometimes-adversarial relationship between the White House and Wall Street...."
Economist Robert Reich notes, "The relationship between Washington and Wall Street isn't really a revolving door. It's a merry-go-round. And, as Prins shows, the merriest of all are the bankers and financiers that get rich off the relationship, using their public offices and access to build private wealth and power."
Watch Prins discuss the book on MSNBC's Morning Joe:
Check out Prins discussing the "Secret History of Washington-Wall Street Collusion" on DemocracyNow:
And watch Prins on Huffington Post Life:
Nomi Prins is a world-renowned investigative journalist, and Senior Fellow at Demos. After 15 years of direct experience in the pressurized world of global finance, she walked away from the game in 2002 out of disgust with the burgeoning corruption. During her years as an executive at investment banks, Prins never lost her ability to see the broader picture. Prins is now a member of Senator Bernie Sanders's Federal Reserve Reform Advisory Council and is listed as one of America's TopWonks. Prins is the author of five other books, including It Takes a Pillage and Black Tuesday.
To purchase the book, click here.