Sabotage: The Business of Finance Audiobook (Free)

Summary:

Presented by Penguin.

Financial malpractice, we’re told, can be an aberration: the actions of the few bad apples deviating through the norms of a market-governed process and video gaming the system. In Sabotage, political scientists Anastasia Nesvetailova and Ronen Palan blow this fiction apart, displaying that sabotage isn’t an anomaly, but area of the business model of fund – and constantly has been.

Abusive lending practices, misleading investors, manipulating prices, deliberately falsifying figures, about Sabotage: THE BUSINESS ENTERPRISE of Finance cheating, obstruction and benefiting from ‘the dumbest person in the room’ – they’re actually the primary source of profitability in finance, as well as the surest way to an added bonus. If you wish to make profit the industry, you need to discover ways of sabotaging either your clients, your competitors or the federal government (or all three), and above all, the marketplace itself. Speaking with sector insiders, economists and high net worth customers, examining the annals of finance and its own workings today, the authors show us how the notion of sabotage not only makes sense of all past economic crises, but must also be in the centre of all potential regulations.