A critical look at over 80 years of conflict, collusion, andcorruption between financiers and politicians
Undue Influence paints a vivid portrait of the dealings between"the few", in this case members of Congress, the banking community,and the Fed, and sheds light on how radical new deregulatorymeasures could be introduced by unelected officials and thenfoisted upon Congress in the name of progress. In the process, thebackground of the new financial elite is examined-because they aremarkedly different than their predecessors of the 1920s and 1930s.Undue Influence also brings readers up to speed on other importantissues, including how the financial elite has been able toperpetuate itself, how the markets lend themselves to these specialinterest groups, and how it is possible that after 80 years offinancial regulation and regulatory bodies the same problems offinancial malfeasance and fraud still plague 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 the bestsellers Wall Street: A History and 100Years of Wall Street. Geisst has taught both political science andfinance, worked in banking and finance on Wall Street and inLondon, as well as consulted. His articles have been published inthe International Herald Tribune, Neue Zurcher Zeitung, Newsday,Wall Street Journal, and Euromoney.