Undue Influence. How the Wall Street Elite Puts the Financial System at Risk by Charles R.Geisst

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A critical look at more than 80 years of conflict, collusion and corruption between financiers and politicians.
Undue influence paints a vivid portrait of the deals between “the few,” in this case members of Congress, the banking community, and the Federal Reserve, and sheds light on how unelected officials could introduce radical new deregulatory measures and then insist on the Congress in the name of progress. In the process, the background of the new financial elite is examined because they are markedly different from their predecessors of the 1920s and 1930s.

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Undue influence also brings readers up to speed on other important issues, including how the The financial elite has been able to perpetuate itself, how the markets lend themselves to these special interest groups and how it is possible that after 80 years of financial regulation and regulation In the organizations, the same problems of financial embezzlement and fraud continue to affect the markets.

Charles R. Geisst (Oradell, NJ) is the author of 15 books, including Wheels of Fortune (0-471-47973-X). Deals of the Century (0-471-26397-4), and bestsellers Wall Street: A History and 100 years of Wall Street. Geisst has taught political science and finance, worked in banking and finance on Wall Street and in London, and also consulted. His articles have been published in the International Herald Tribune, Neue Zurcher Zeitung, Newsday, Wall Street Journal, and Euromoney.