Bought and Paid For, Charles Gasparino
Bought and Paid For, Charles Gasparino
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Bought and Paid For
The Unholy Alliance Between Barack Obama and Wall Street

Author: Charles Gasparino

Narrator: Lloyd James

Unabridged: 9 hr 32 min

Format: Digital Audiobook Download

Publisher: Tantor Media

Published: 10/05/2010


Synopsis

As the recession continues, President Barack Obama has chastised the "fat cats" who feast off government bailout money while unemployment remains high and smaller businesses struggle.

But according to business reporter Charles Gasparino, Obama is faking his outrage, and his calls for new policies to rein in banks that are "too big to fail" are just pabulum. In reality, Obama has climbed into bed with Wall Street CEOs, giving them what they want so they will support his liberal, big-government agenda. As a result, the big banks responsible for the credit crisis get rescued, while small businesses and ordinary Americans get crushed by higher taxes and irresponsible spending.

Gasparino draws on interviews with dozens of key CEOs and political players to trace the roots of Wall Street's twisted love affair with one of the most liberal presidents in American history. He shows how, for decades, big banks and big business have colluded with big government, thereby laying the groundwork for today's shady dealings, and how the same bankers Obama now publically reprimands have supported him—not because he promises change, but because he promises business.

Written in Gasparino's characteristic no-nonsense style, this book is a wake-up call to all Americans to strike back against the people and policies that are ruining our country.

About Charles Gasparino

Charles Gasparino is an award-winning investigative reporter and bestselling author who has covered financial news for major media such as Newsweek, the Wall Street Journal, and CNBC. He is a senior correspondent for Fox Business Network and a frequent contributor to Forbes, the New York Post, The Huffington Post, and The Daily Beast. His book The Sellout was a New York Times bestseller. Charles lives in New York City.


Reviews

Goodreads review by Matt

Bush43's signing of the massive Wall Street bailouts was nothing surprising. After all, it is common knowledge that the Republicans are in bed with big business and Wall Street. Strangely, however, Obama continued the policy of Wall Street bailouts, as well as many other unpopular policies of the Bu......more

Goodreads review by Joseph

Not so sure the relationship between Wall Street and Washington is "hidden" as the revolving door between financial companies and Washington is pretty well known. That said, readers can still be outraged at the different rules of the game between big business and consumers--savers punished by low in......more

Goodreads review by Randy

Though dry at times this was a good read, I enjoyed Charlie when he was a guest reporter on CNBC and always was impressed at his facts and informants.This gives an interesting insight into the quiet meetings between Barrack Obama then the junior senator from IL and the leaders of the financial commu......more

Goodreads review by Kevin

Charles Gasparino has written an frustatingly easy to understand and follow expose of how Obama formed an alliance with Wall Street to leverage their campaign contributions to win the presidency in 2008. Although he set them up as "whipping boys" publicly, bahind the scenes he continues to turn a bl......more