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How did Wall Street become a self-serving and ultimately destructive profit machine that imploded? Here is a penetrating and disturbing look at the forces that transformed Wall Street into a risk-taking behemoth that spun out of control and took the economy and millions of 401(k)s down with it. McGee assesses the winners and losers emerging from the wreckage, providing a clear and practical understanding of a system that touches everyone directly as an investor, and indirectly, through the fuel–capital–that makes the economy work.
"...masterful...exceptionally lucid, well-written." --Washington Post
“…must-read on the venerable Wall Street firm [Goldman Sachs].” — Dow Jones’ FINS
“A disturbing account of how Goldman Sachs Group Inc. became a seductively successful Pied Piper, luring rival banks down a path to destruction.” —Bloomberg
“McGee’s book is full of entertaining and enlightening material.” —Financial Times
“McGee has taken it upon herself to make the case less through assertion or argument than through anecdote and appeal to authority.” — New York Times Book Review
“…a great look at a current event for the general reader.”— Library Journal
“Excellent book.” — Booklist