All the Devils are Here: The Hidden History of the Financial Crisis


Bethany McLean - 2010
    Should the blame fall on Wall Street, Main Street, or Pennsylvania Avenue? On greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators, or clueless home buyers?According to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, the real answer is all of the above-and more. Many devils helped bring hell to the economy. And the full story, in all of its complexity and detail, is like the legend of the blind men and the elephant. Almost everyone has missed the big picture. Almost no one has put all the pieces together.All the Devils Are Here goes back several decades to weave the hidden history of the financial crisis in a way no previous book has done. It explores the motivations of everyone from famous CEOs, cabinet secretaries, and politicians to anonymous lenders, borrowers, analysts, and Wall Street traders. It delves into the powerful American mythology of homeownership. And it proves that the crisis ultimately wasn't about finance at all; it was about human nature.Among the devils you'll meet in vivid detail:• Angelo Mozilo, the CEO of Countrywide, who dreamed of spreading homeownership to the masses, only to succumb to the peer pressure-and the outsized profits-of the sleaziest subprime lending.• Roland Arnall, a respected philanthropist and diplomat, who made his fortune building Ameriquest, a subprime lending empire that relied on blatantly deceptive lending practices.• Hank Greenberg, who built AIG into a Rube Goldberg contraption with an undeserved triple-A rating, and who ran it so tightly that he was the only one who knew where all the bodies were buried.• Stan O'Neal of Merrill Lynch, aloof and suspicious, who suffered from "Goldman envy" and drove a proud old firm into the ground by promoting cronies and pushing out his smartest lieutenants.• Lloyd Blankfein, who helped turn Goldman Sachs from a culture that famously put clients first to one that made clients secondary to its own bottom line.• Franklin Raines of Fannie Mae, who (like his predecessors) bullied regulators into submission and let his firm drift away from its original, noble mission.• Brian Clarkson of Moody's, who aggressively pushed to increase his rating agency's market share and stock price, at the cost of its integrity.• Alan Greenspan, the legendary maestro of the Federal Reserve, who ignored the evidence of a growing housing bubble and turned a blind eye to the lending practices that ultimately brought down Wall Street-and inflicted enormous pain on the country.Just as McLean's The Smartest Guys in the Room was hailed as the best Enron book on a crowded shelf, so will All the Devils Are Here be remembered for finally making sense of the meltdown and its consequences.

My Life


David Lange - 2005
    His Labour government introduced sweeping new legislation that unchained the country from its old conservative bonds, established the world's first nuclear free state and let loose a free market economic agenda that radically transformed the country. It was a rapid climb to the very top for the overweight doctor's son from working class South Auckland. As leader during the final years of the Cold War he confronted the agendas of Ronald Reagan and Margaret Thatcher, and lived through the political upheavals of the fall of the Soviet Union, post-apartheid South Africa and Rajiv Ghandi's India. Along the way he memorably defeated the Reverend Jerry Falwell in a famous Oxford Union debate about the morality and sanity of the nuclear arms race, and negotiated the aftermath of the tragic bombing of the Rainbow Warrior by French agents in Auckland harbour.

May at 10


Anthony Seldon - 2019
    May at 10 tells the compelling inside story of the most turbulent period in modern British politics for 100 years.Written by one of Britain’s leading political and social commentators, May at 10 describes how Theresa May arrived in 10 Downing Street in 2016 with the clearest, yet toughest, agenda of any Prime Minister since the Second World War: delivering Brexit. What follows defies belief or historical precedent. This story has never been told.Including a comprehensive series of interviews with May’s closest aides and allies, and with unparalleled access to the advisers who shaped her premiership, Downing Street’s official historian Anthony Seldon decodes the enigma of the Prime Minister’s tenure. Drawing on all his authorial experience, he unpacks what is the most intriguing government and Prime Minister of the modern era.

The Loudest Voice in the Room: How Roger Ailes and Fox News Remade American Politics


Gabriel Sherman - 2013
    The story of Fox News' ascent is an epic story of political power, business success, brass-knuckle tactics, and old-school showmanship.

The Tyranny of Merit: What’s Become of the Common Good?


Michael J. Sandel - 2020
    We live in an age of winners and losers, where the odds are stacked in favour of the already fortunate. Stalled social mobility and entrenched inequality give the lie to the promise that "you can make it if you try". And the consequence is a brew of anger and frustration that has fuelled populist protest, with the triumph of Brexit and election of Donald Trump.Michael J. Sandel argues that to overcome the polarized politics of our time, we must rethink the attitudes toward success and failure that have accompanied globalisation and rising inequality. Sandel highlights the hubris a meritocracy generates among the winners and the harsh judgement it imposes on those left behind. He offers an alternative way of thinking about success - more attentive to the role of luck in human affairs, more conducive to an ethic of humility, and more hospitable to a politics of the common good.

Tales of Two Americas: Stories of Inequality in a Divided Nation


John Freeman - 2017
    You don't need a fistful of statistics to know this. Visit any city, and evidence of our shattered social compact will present itself. From Appalachia to the Rust Belt and down to rural Texas, the gap between the wealthiest and the poorest stretches to unimaginable chasms. Whether the cause of this inequality is systemic injustice, the entrenchment of racism in our culture, the long war on drugs, or immigration policies, it endangers not only the American Dream but our very lives.In Tales of Two Americas, some of the literary world's most exciting writers look beyond numbers and wages to convey what it feels like to live in this divided nation. Their extraordinarily powerful stories, essays, and poems demonstrate how boundaries break down when experiences are shared, and that in sharing our stories we can help to alleviate a suffering that touches so many people.

Duty: Memoirs of a Secretary at War


Robert M. Gates - 2014
    Bush and Barack Obama during the wars in Iraq and Afghanistan. Before Robert M. Gates received a call from the White House in 2006, he thought he’d left Washington politics behind: after working for six presidents in both the CIA and the National Security Council, he was happy in his role as president of Texas A&M University. But when he was asked to help a nation mired in two wars and to aid the troops doing the fighting, he answered what he felt was the call of duty. Now, in this unsparing memoir, meticulously fair in its assessments, he takes us behind the scenes of his nearly five years as a secretary at war: the battles with Congress, the two presidents he served, the military itself, and the vast Pentagon bureaucracy; his efforts to help Bush turn the tide in Iraq; his role as a guiding, and often dissenting, voice for Obama; the ardent devotion to and love for American soldiers—his “heroes”—he developed on the job. In relating his personal journey as secretary, Gates draws us into the innermost sanctums of government and military power during the height of the Iraq and Afghanistan wars, illuminating iconic figures, vital negotiations, and critical situations in revealing, intimate detail. Offering unvarnished appraisals of Dick Cheney, Joe Biden, Hillary Clinton, and Presidents Bush and Obama among other key players, Gates exposes the full spectrum of behind-closed-doors politicking within both the Bush and Obama administrations. He discusses the great controversies of his tenure—surges in both Iraq and Afghanistan,  how to deal with Iran and Syria, “Don’t Ask Don’t Tell,” Guantánamo Bay, WikiLeaks—as they played out behind the television cameras. He brings to life the Situation Room during the Bin Laden raid. And, searingly, he shows how congressional debate and action or inaction on everything from equipment budgeting to troop withdrawals was often motivated, to his increasing despair and anger, more by party politics and media impact than by members’ desires to protect our soldiers and ensure their success. However embroiled he became in the trials of Washington, Gates makes clear that his heart was always in the most important theater of his tenure as secretary: the front lines. We journey with him to both war zones as he meets with active-duty troops and their commanders, awed by their courage, and also witness him greet coffin after flag-draped coffin returned to U.S. soil, heartbreakingly aware that he signed every deployment order. In frank and poignant vignettes, Gates conveys the human cost of war, and his admiration for those brave enough to undertake it when necessary. Duty tells a powerful and deeply personal story that allows us an unprecedented look at two administrations and the wars that have defined them.

The Fifteen Biggest Lies about the Economy: And Everything Else the Right Doesn't Want You to Know about Taxes, Jobs, and Corporate America


Joshua Holland - 2010
    Labor unions hurt their members. Government regulation destroys jobs. These are just a few of the biggest lies in the web of misinformation spun by conservatives and the Chamber of Commerce. Holland's book dissects each malicious fiction to show how the Right is just plain wrong on the economy—wrong on jobs, wrong on the deficit, wrong on taxes, wrong on trade.Takes down old and new conservative myths about the economy, including healthcare, stimulus, progressive taxes, Wall Street regulation, and moreFilled with recent quotes from conservative politicians and pundits, from the misleading to the laughable to the totally outrageousTackles specific aspects of the Republicans' economic agenda, including their 2010 alternatives to Obama's budgetDeftly written and rigorously documented by Alternet senior writer/editor Joshua HollandWith the economy set to be the driving issue before and after the 2010 midterm elections, The Fifteen Biggest Lies about the Economy sets the record straight on every part of the conservatives' economic agenda.

Righteous Indignation: Excuse Me While I Save the World!


Andrew Breitbart - 2011
    Breitbart is convinced that too many national stories are slanted by the news media in an unfair way. In Righteous Indignations, Breitbart talks about how one needs to deal with the liberal news world head on. Along the way, he details his early years, working with Matt Drudge, the Huffington Post, and how Breitbart developed his unique style of launching key websites to help get the word out to conservatives all over. A rollicking and controversial read, Breitbart will certainly raise your blood pressure, one way or another.

The Conviction of Richard Nixon: The Untold Story of the Frost/Nixon Interviews


James Reston Jr. - 2007
    Nixon a pardon on September 8, 1974, one month after Nixon resigned from office in disgrace. Effectively removed from the reach of prosecutors, Nixon returned to California, uncontrite and unconvicted, convinced that time would exonerate him of any wrongdoing and certain that history would remember his great accomplishments—the opening of China and the winding down of the Vietnam War—and forget his “mistake,” the “pipsqueak thing” called Watergate.In 1977, three years after his resignation, Nixon agreed to a series of interviews with television personality David Frost. Conducted over twelve days, they resulted in twenty-eight hours of taped material, which were aired on prime-time television and watched by more than 50 million people worldwide. Nixon, a skilled lawyer by training, was paid $1 million for the interviews, confident that this exposure would launch him back into public life. Instead, they sealed his fate as a political pariah.James Reston, Jr., was David Frost’s Watergate advisor for the interiews, and The Conviction of Richard Nixon is his intimate, behind-the-scenes account of his involvement. Originally written in 1977 and published now for the first time, this book helped inspire Peter Morgan’s hit play Frost/Nixon. Reston doggedly researched the voluminous Watergate record and worked closely with Frost to develop the interrogation strategy. Even at the time, Reston recognized the historical importance of the Frost/Nixon interviews; they would result either in Nixon’s de facto conviction and vindication for the American people, or in his exoneration and public rehabilitation in the hands of a lightweight. Focused, driven, and committed to exposing the truth, Reston worked tirelessly to arm Frost with the information he needed to force Nixon to admit his culpability. In The Conviction of Richard Nixon, Reston provides a fascinating, fly-on-the-wall account of his involvement in the Nixon interviews as David Frost’s Watergate adviser. Written in 1977 immediately following these celebrated television interviews and published now for the first time, The Conviction of Richard Nixon explains how a British journalist of waning consequence drove the famously wily and formidable Richard Nixon to say, in an apparent personal epiphany, “I have impeached myself.”From the Hardcover edition.

Antebellum Era: A History from Beginning to End


Hourly History - 2020
    

Trickle Down Tyranny: Crushing Obama's Dream of the Socialist States of America


Michael Savage - 2012
    Staunchly determined to help "crush Barack Obama's dreams of a Socialist America," Savage unleashes a relentless barrage of conservative common sense in Trickle Down Tyranny, designed to help patriotic citizens preserve what is good and right in our imperiled nation.

Homewreckers


Aaron Glantz - 2019
    Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: “I sort of hope that happens because then people like me would go in and buy,” he said. But our future president wasn’t alone. While millions of Americans suffered financial loss, tycoons pounced to heartlessly seize thousands of homes—their profiteering made even easier because, as prize-winning investigative reporter Aaron Glantz reveals in Homewreckers, they often used taxpayer money—and the Obama administration’s promise to cover their losses.In Homewreckers, Glantz recounts the transformation of straightforward lending into a morass of slivered and combined mortgage “products” that could be bought and sold, accompanied by a shift in priorities and a loosening of regulations and laws that made it good business to lend money to those who wouldn’t be able to repay. Among the men who laughed their way to the bank: Trump cabinet members Steve Mnuchin and Wilbur Ross, Trump pal and confidant Tom Barrack, and billionaire Republican cash cow Steve Schwarzman. Homewreckers also brilliantly weaves together the stories of those most ravaged by the housing crisis. The result is an eye-opening expose of the greed that decimated millions and enriched a gluttonous few.

9/11: The Conspiracy Theories


David Gardner
    Nearly three thousand people were killed. The narrative in the weeks and months that followed seemed straightforward: the attacks had been masterminded by al Qaeda leader, Osama bin Laden, an embittered terrorist with an abiding hatred of the West. But, as the twenty-year anniversary approaches, that neat explanation still fails to answer some important questions surrounding that fateful day.How did World Trade Center Building 7 - 100 yards from the Twin Towers - collapse so quickly and symmetrically when it had not been hit?How could two rogue aircraft bring down three towers?Did the US government help orchestrate the attacks as an 'inside job'?9/11: The Conspiracy Theories seeks the truth - not only of what we do know about 9/11, but also what has been intentionally hidden from us. Researching these stories with the help of strong first-person reporting and an in-depth examination of documentation released under freedom-of-information protocols, this book sheds new light on one of history's most tragic and troubling episodes, which shattered for ever the myth of America as a country immune to international terrorism.

White Hot Hate: A True Story of Domestic Terrorism in America’s Heartland


Dick Lehr - 2021
    In the spring of 2016, as immigration debates rocked the United States, three men in a militia group known as the Crusaders grew aggravated over one Kansas town’s growing Somali community. They decided that complaining about their new neighbors and threatening them directly wasn’t enough. The men plotted to bomb a mosque, aiming to kill hundreds and inspire other attacks against Muslims in America. But they would wait until after the presidential election so that their actions wouldn’t hurt Donald Trump’s chances of winning. An FBI informant befriended the three men, acting as law enforcement’s eyes and ears for eight months. His secretly taped conversations with the militia were pivotal in obstructing their plans and were a linchpin in the resulting trial and convictions for conspiracy to use a weapon of mass destruction.White Hot Hate tells the riveting true story of an averted case of domestic terrorism in one of the most remote towns in the U.S., not far from the infamous town where Capote’s In Cold Blood was set. In the gripping details of this foiled scheme, the chilling, immediate threat of domestic terrorism—and racist anxiety in America— is writ large.