All the Presidents' Bankers
The Hidden Alliances That Drive American Power
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Narrated by:
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Marguerite Gavin
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By:
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Nomi Prins
About this listen
Culled from original presidential archival documents, All the Presidents' Bankers delivers an explosive account of the 100-year interdependence between the White House and Wall Street that transcends a simple analysis of money driving politics or greed driving bankers.
Nomi Prins ushers us into the intimate world of exclusive clubs, vacation spots, and Ivy League universities that binds presidents and financiers. She unravels the multi-generational blood, intermarriage, and protégé relationships that have confined national influence to a privileged cluster of people. This unprecedented history of American power illuminates how financiers have retained their authoritative position through history, swaying presidents regardless of party affiliation. It explores the alarming global repercussions of a system lacking barriers between public office and private power. Prins leaves us with an ominous choice: either we break the alliances of the power elite, or they will break us.
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The American economy is strong in large part because nobody believes that America would ever default on its debt. Yet in 1933, Franklin D. Roosevelt did just that, when in a bid to pull the country out of depression, he depreciated the US dollar in relation to gold, effectively annulling all debt contracts. American Default is the story of this forgotten chapter in America's history.
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Superb
- By Jean on 12-08-18
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Putinomics
- Money and Power in Resurgent Russia
- By: Chris Miller
- Narrated by: Traber Burns
- Length: 8 hrs and 4 mins
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In Putinomics, Chris Miller examines the making of Russian economic policy since Vladimir Putin took power in 1999. Miller argues that Putin's economic strategy has functioned far more effectively than most Westerners realize. While acknowledging that part of Putin's successes - above all, quadrupling per capita GDP in just a decade and a half - can be attributed to cashing in on high oil prices, Miller details the government policies that have also been fundamental to Russia's growth.
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Go find something better
- By Anonymous User on 08-04-21
By: Chris Miller
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The Money Makers
- How Roosevelt and Keynes Ended the Depression, Defeated Fascism, and Secured a Prosperous Peace
- By: Eric Rauchway
- Narrated by: Walter Dixon
- Length: 10 hrs and 21 mins
- Unabridged
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Shortly after arriving in the White House in early 1933, Franklin Roosevelt took the United States off the gold standard. His opponents thought his decision unwise at best and ruinous at worst. But they could not have been more wrong. With The Money Makers, Eric Rauchway tells the absorbing story of how FDR and his advisors pulled the levers of monetary policy to save the domestic economy and propel the United States to unprecedented prosperity and superpower status.
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Excellent over view and easily understandable
- By L. Ford Ballard, Jr. on 01-15-19
By: Eric Rauchway
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And the Weak Suffer What They Must?
- Europe's Crisis and America's Economic Future
- By: Yanis Varoufakis
- Narrated by: Yanis Varoufakis, Leighton Pugh
- Length: 10 hrs and 21 mins
- Unabridged
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In January 2015, Yanis Varoufakis, an economics professor teaching in Austin, Texas, was elected to the Greek parliament with more votes than any other member of parliament. He was appointed finance minister, and, in the whirlwind five months that followed, everything he had warned about was confirmed as the "troika" (the European Central Bank, International Monetary Fund, and European Commission) stonewalled his efforts to resolve Greece's economic crisis.
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interesting perspective
- By Jamila on 07-12-20
By: Yanis Varoufakis
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Shaky Ground
- The Strange Saga of the US Mortgage Giants
- By: Bethany McLean
- Narrated by: Gabra Zackman
- Length: 3 hrs and 33 mins
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In 2008 the US Treasury put Fannie Mae and Freddie Mac into a life-support state known as "conservatorship" to prevent their failure - and worldwide economic chaos. The two companies, which were always controversial, have become a battleground. Today, Fannie and Freddie are profitable again but still in conservatorship. Their profits are being redirected toward reducing the federal deficit, which leaves them with no buffer should they suffer losses again.
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Details on the Culture and History of the GSEs
- By Jose on 10-15-15
By: Bethany McLean
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Reckless Endangerment
- How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon
- By: Gretchen Morgenson, Joshua Rosner
- Narrated by: L. J. Ganser
- Length: 11 hrs and 57 mins
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In Reckless Endangerment, Gretchen Morgenson, the star business columnist of The New York Times, exposes how the watchdogs who were supposed to protect the country from financial harm were actually complicit in the actions that finally blew up the American economy.
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Required reading
- By David on 10-24-11
By: Gretchen Morgenson, and others
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Dealing with China
- An Insider Unmasks the New Economic Superpower
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- Narrated by: Kevin Stillwell
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When Hu Jintao, China's then vice president, came to visit the New York Stock Exchange and Ground Zero in 2002, he asked Hank Paulson to be his guide. It was a testament to the pivotal role that Goldman Sachs played in helping China experiment with private enterprise. In Dealing with China, the best-selling author of On the Brink draws on his unprecedented access to both the political and business leaders of modern China to answer several key questions.
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A Valuable Book on China
- By Michael Moore on 09-04-15
By: Henry M. Paulson
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The Power and Independence of the Federal Reserve
- By: Peter Conti-Brown
- Narrated by: Brian Holsopple
- Length: 10 hrs and 40 mins
- Unabridged
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The independence of the Federal Reserve is considered a cornerstone of its identity, crucial for keeping monetary policy decisions free of electoral politics. But do we really understand what is meant by "Federal Reserve independence"? Using scores of examples from the Fed's rich history, The Power and Independence of the Federal Reserve shows that much common wisdom about the nation's central bank is inaccurate.
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Meandering, gossipy, a bit pop-journalistic
- By Philo on 10-03-16
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FDR's Folly
- How Roosevelt and His New Deal Prolonged the Great Depression
- By: Jim Powell
- Narrated by: William Hughes
- Length: 9 hrs and 26 mins
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In the minds of historians and the American public alike, Franklin Delano Roosevelt was one of our greatest presidents, not least because he supposedly saved America from the Great Depression. But as historian Jim Powell reveals in this groundbreaking book, Roosevelt's New Deal policies actually prolonged and exacerbated the economic disaster.
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Scones for the Tea Party
- By Chiefkent on 06-11-12
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A Monetary and Fiscal History of the United States, 1961-2021
- By: Alan S. Blinder
- Narrated by: Todd McLaren
- Length: 15 hrs and 12 mins
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Alan Blinder, one of the world's most influential economists and one of the field's best writers, draws on his deep firsthand experience to provide an authoritative account of sixty years of monetary and fiscal policy in the United States. Spanning twelve presidents, from John F. Kennedy to Joe Biden, and eight Federal Reserve chairs, from William McChesney Martin to Jerome Powell, this is an insider's story of macroeconomic policy that hasn't been told before—one that is a pleasure to listen to, and as interesting as it is important.
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Listen for Nixon's Sake
- By Tricia on 10-26-22
By: Alan S. Blinder
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The Story of Silver
- How the White Metal Shaped America and the Modern World
- By: William L. Silber
- Narrated by: Jim Meskimen
- Length: 10 hrs and 10 mins
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This is the story of silver's transformation from soft money during the 19th century to hard asset today, and how manipulations of the white metal by American president Franklin D. Roosevelt during the 1930s and by the richest man in the world, Texas oil baron Nelson Bunker Hunt, during the 1970s altered the course of American and world history. FDR pumped up the price of silver to help jump start the US economy during the Great Depression, but this move weakened China, which was then on the silver standard, and facilitated Japan's rise to power before World War II.
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A Detailed Account of Silver's Monetary History
- By Brandy Crosby on 01-11-21
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What listeners say about All the Presidents' Bankers
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Martin Fierro
- 06-03-16
A history buff's review of banking in politics
Whether you love politics (or not) and whether you love banking (or not) don't you want to know how bankers have influenced Presidents (and history?
IThis book answers that question.
In an era when politics is broken, this gives part of the reason why.
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- Robert J Schundler
- 12-26-16
Bankers: lacking follow up action
The book gave the reader history, but did not follow though with policy reforms to correct the problems! Current proposed reforms are not listed, nor any by the author!
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1 person found this helpful
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- Food By The Word
- 06-16-24
Very Informative!
I like this informative documentary about the through lines of our banking system and the President!
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- Sean "The Renaissance King" Foster
- 07-08-18
All the Presidents Bankers By Nomi Prins |
Outstanding Manuscript Highly Recommended for Anyone Who Has An Affinity for Economic Intelligence! Nomi Prins Hit A Grand Slam with this One Here!
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- Xavier C.
- 06-17-21
Great topic!
Easily understandable. Interesting topic. I thoroughly enjoyed it. Actually makes me want to study finance.
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- Pepper Hill
- 04-01-22
Should Be Required Reading for High School Student
The author has obviously done the research to document incredible fraud and pilfering of the citizens of this country by bankers. The only way to stop this is to educate our voters to understand the horrendous policy decisions by our elected leaders. Every high school student should be required to read this book. If the informed media reporters would also take on these bankers, we could start to change the abuse and hold politicians more accountable. Thank you Nomi for the exceptional literary work!
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- Walter Antiniotti
- 09-20-16
Very Interesting BUT
What did you love best about All the Presidents' Bankers?
love?
What did you like best about this story?
wide coverage
What about Marguerite Gavin’s performance did you like?
voice
Did you have an extreme reaction to this book? Did it make you laugh or cry?
no
Any additional comments?
Everything she said was true and interesting but didn’t always communicate the truth.
She wasn’t crazy about Ike so the statement he made of using nuclear weapons to end the Korean War were not in context. It was said after both sides did not want peace talks. So he told China show up or I use the bomb and he told S. Korea show up or I shut off your oil.
In relation to the Suez war she said England’s economy caused her to leave but fail to mention it was after Ike said the US would not support the Pound Sterling on currency markets.
So she missed on Ike’s motivation just because he was very pro business,
Throughout the book her use of adjectives was somewhat telling. I could not figure out if she was a Libertarian or a Communist.
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- David
- 10-31-18
Very Informative
The book is well researched it's revelations long overdue. Unfortunately it's potential impact on the reader is reduced by the inappropriate tone of the narrator. Gavin's cheery American pie tone would be better suited to a Disney movie.
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- Victor
- 01-12-15
You better like history about the elite and rich
Shew! I made it through. Good God I thought I would collapse from listening to these guys telling their own stories via the documented notes and diaries Nomi used. She does a thorough job but it took a while to make it through 100 years of obscene banksterism and collusion between the government and banks. If you don't know this stuff then you need to hear this. If you're like me and know the topic well it's a bit trying to hear but still has good parts.
In the end, prepare yourself for a major collapse of the economic system as we know it. Thank you to big to fail.
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20 people found this helpful
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- Richard J. Peach
- 07-05-14
Bankers Control Everything
If you could sum up All the Presidents' Bankers in three words, what would they be?
Disturbing, frustrating and eye opening
What other book might you compare All the Presidents' Bankers to and why?
Any other books on fiances such as Money Masters or how banks control our government
Which scene was your favorite?
I like the beginning when the early crashes of the 20's were talked about and the 2000's when they are doing the exact same thing calling in margin loans and creating recessions and depressions
Was there a moment in the book that particularly moved you?
The entire book was eye opening and to see how things really get done in this country.
Any additional comments?
Great book full of great info and well researched. Enjoyed the narrator as well.
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6 people found this helpful