Sunday, May 26, 2013
Book Review: How to Make a Million Dollars an Hour
Nomi Prins, former managing director of Goldman Sachs, now a senior fellow at Demos, offers a glowing review at Truthdig.com of “How to Make a Million Dollars an Hour: Why Hedge Funds Get Away With Siphoning Off America’s Wealth” by Les Leopold, an occasional contributor to The Progressive Populist. Prins writes: "Les Leopold’s latest masterpiece, “How to Make a Million Dollars an Hour: Why Hedge Funds Get Away With Siphoning Off America’s Wealth,” is necessary, alarming and really funny. His talent for deconstructing complex financial terms and topics constitutes a public service. What he reveals in 'How to Make,' in a sardonic and appropriately irreverent tone, is something more ominous. We exist in a political-economic system that allows people who manufacture nothing and bet on everything to control the financial destinies of the rest of the population with impunity, and make stupendous amounts of money doing it. Because, as Leopold writes, 'Making a million an hour means never having to say you’re sorry.'” Read the review.