Tower of Basel [EPUB]
13 January 2014, 09:41
2013 | EPUB | 756.33KB
Despite a title that makes it sound like conspiracy-theory nonsense, this is a serious, well-documented story about a very real bank, the Bank for International Settlement (BIS), which predates both the International Monetary Fund and the World Bank.
Tower of Basel is the first investigative history of the world’s most secretive global financial institution. Based on extensive archival research in Switzerland, Britain, and the United States, and in-depth interviews with key decision-makers—including Paul Volcker, the former chairman of the US Federal Reserve; Sir Mervyn King, governor of the Bank of England; and former senior Bank for International Settlements managers and officials—Tower of Basel tells the inside story of the Bank for International Settlements (BIS): the central bankers’ own bank.
Created by the governors of the Bank of England and the Reichsbank in 1930, and protected by an international treaty, the BIS and its assets are legally beyond the reach of any government or jurisdiction. The bank is untouchable. Swiss authorities have no jurisdiction over the bank or its premises. The BIS has just 140 customers but made tax-free profits of $1.17 billion in 2011–2012.
Since its creation, the bank has been at the heart of global events but has often gone unnoticed. Under Thomas McKittrick, the bank’s American president from 1940–1946, the BIS was open for business throughout the Second World War. The BIS accepted looted Nazi gold, conducted foreign exchange deals for the Reichsbank, and was used by both the Allies and the Axis powers as a secret contact point to keep the channels of international finance open.
After 1945 the BIS—still behind the scenes—for decades provided the necessary technical and administrative support for the trans-European currency project, from the first attempts to harmonize exchange rates in the late 1940s to the launch of the Euro in 2002. It now stands at the center of efforts to build a new global financial and regulatory architecture, once again proving that it has the power to shape the financial rules of our world. Yet despite its pivotal role in the financial and political history of the last century and during the economic current crisis, the BIS has remained largely unknown—until now.
The Expo Files [EPUB]
10 January 2014, 15:19
2014 | EPUB | 0.45MB
With an introduction by Tariq Ali.
Now almost exclusively known as the author of the bestselling Millennium trilogy, as a professional journalist Stieg Larsson was an untiring crusader for democracy and equality. As a reporter and editor-in-chief on the journal Expo he researched the extreme right both in Sweden and at an international level.
Collected here for the first time are essays and articles on right-wing extremism and racism, on violence against women and women's rights, on homophobia and honour killings. Included also is an account written for Vagabond magazine of his travels aboard the Trans-Siberian Express from Moscow to Beijing. His most important writings - perceptive, learned and committed texts - illustrate the breadth of his journalistic and political activities in connection with matters that were closest to his heart, and to which he devoted his life. Despite death threats and financial difficulties, Larsson never ceased to fight for and write about his most firmly held principles; it was his commitment to these which gave his best-selling novels their explosive force.
The Wizard of Lies [EPUB]
10 January 2014, 08:54
2011 | EPUB + MOBI | 0.59/0.87MB
The inside story of Bernie Madoff and his $65 billion Ponzi scheme, with surprising and shocking new details from Madoff himself.
Who is Bernie Madoff, and how did he pull off the biggest Ponzi scheme in history?
These questions have fascinated people ever since the news broke about the respected New York financier who swindled his friends, relatives, and other investors out of $65 billion through a fraud that lasted for decades. Many have speculated about what might have happened or what must have happened, but no reporter has been able to get the full story -- until now.
In The Wizard of Lies, Diana B. Henriques of The New York Times -- who has led the paper’s coverage of the Madoff scandal since the day the story broke -- has written the definitive book on the man and his scheme, drawing on unprecedented access and more than one hundred interviews with people at all levels and on all sides of the crime, including Madoff’s first interviews for publication since his arrest. Henriques also provides vivid details from the various lawsuits, government investigations, and court filings that will explode the myths that have come to surround the story.
A true-life financial thriller, The Wizard of Lies contrasts Madoff's remarkable rise on Wall Street, where he became one of the country’s most trusted and respected traders, with dramatic scenes from his accelerating slide toward self-destruction. It is also the most complete account of the heartbreaking personal disasters and landmark legal battles triggered by Madoff’s downfall -- the suicides, business failures, fractured families, shuttered charities -- and the clear lessons this timeless scandal offers to Washington, Wall Street, and Main Street.