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Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street Hardcover – Bargain Price, October 5, 2010


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Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street + The Sellout: How Three Decades of Wall Street Greed and Government Mismanagement Destroyed the Global Financial System
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Product Details

  • Hardcover: 304 pages
  • Publisher: Sentinel HC (October 5, 2010)
  • Language: English
  • ISBN-10: 1595230718
  • ASIN: B005CDTW22
  • Product Dimensions: 9.3 x 6.3 x 1.2 inches
  • Shipping Weight: 1.1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.7 out of 5 stars  See all reviews (35 customer reviews)
  • Amazon Best Sellers Rank: #1,219,915 in Books (See Top 100 in Books)

Editorial Reviews

About the Author

Charles Gasparino is an award-winning investigative reporter and bestselling author who has covered financial news for major media such as Newsweek, The Wall Street Journal, and CNBC. He is a senior correspondent for Fox Business Network and frequent contributor at Forbes, The New York Post, The Huffington Post and The Daily Beast. His previous book, The Sellout, was a New York Times bestseller. He lives in New York City.

More About the Author

Charles Gasparino is an on-air editor for CNBC, a columnist for the Daily Beast and the New York Post, and a freelance writer for Forbes and other publications. He previously wrote for Newsweek and the Wall Street Journal, where he covered issues on Wall Street, including pension funds, mutual funds, and regulatory issues. Gasparino has won numerous business journalism awards, and he is the author of Blood on the Street, which was a BusinessWeek bestseller and was listed by Barron's as one of the best business books of 2005, and King of the Club, which was named one of the best business books of 2007 by Library Journal.

Customer Reviews

An excellent book which is well researched.
natpro1944
Charles Gasparino has written a detailed story of the cozy relationship between government and Wall Street.
Coach Vint
This book is a good read...get one for yourself and you decide.
LARRY

Most Helpful Customer Reviews

72 of 78 people found the following review helpful A Kid's Review on October 5, 2010
Format: Hardcover
Not many books bring a reader deep inside the complex worlds of both finance and Washington DC. Gasparino nails two birds with one stone in "Bought and Paid For." The book, in classic Gasparino style brings you behind the scenes, at the restaurant with all the insiders. This book will show you how the system really works. Gasparino is one of the great journalists of our time and his priceless contacts and Rolodex bring your right there. I couldn't put this book down. How did the Obama administration flip flop so quickly on "Change," and why? Who really controls the process inside the beltway when it comes to financial reform? Who pulls the strings and gets what they want? Who got left at the alter after writing all those checks $$$? What about the little guy? There are so many unanswered questions and people on Main St. want answers. Gasparino has them. Go to the voting booth informed. Buy this book then buy one for a good friend.
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48 of 52 people found the following review helpful By Big Daddy K on October 5, 2010
Format: Hardcover
What an eye opener. Not so surprising when you think about it. Obama's actions, especially the so called stimulus package, have alienated him from many of the people who voted for him. Now that we've moved into Fall, whatever happened to the "recovery summer" we were promised? Unemployment of the people continues around ten percent and the Banks seem to have "recovered" beyond all expectations. Gasparino offers insight into where Obama seeks to shore up his falling power. He's lost much of the populace with what he's done and now turns to the money people to make up for what his failed policies have cost him in popular support. Politics makes for strange bedfellows . . . as Gasparino tells it maybe it's not so strange to find this failing president has gotten into bed with big money.
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39 of 42 people found the following review helpful By Judith Kopulos on October 5, 2010
Format: Hardcover
A thoughtful, carefully investigated and documented contribution by Mr. Gasparino, this eye opening look at financial chicanery should help us all to understand what is really goning on. Never was the axiom "the first step to solving a problem is to recognize it" more true. Of course, that requires objectivity, not party line sheep.
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21 of 23 people found the following review helpful By Tilly on October 8, 2010
Format: Hardcover
Gasparino's latest is the exact reason I read his books.
He comes off as a hard hitting type and at first I wasn't used to his kind of reporting/writing.
As time goes on Wall Street and Washington seems like a bad movie these days....Gasparino is dead on and calls it the way it is.
For anyone afraid of the truth...wake up and read this !!!

More reporters and "news" networks should step up and tell it the way it is.....good going Gasparino !!!...keep it up you're in the majority.
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21 of 24 people found the following review helpful A Kid's Review on October 5, 2010
Format: Hardcover
I really don;t care who this guy works for, facts are facts, no matter where they come from. This country is not on a good path, and needs to be exposed and turned around. These types of books help clearify, and point at the problems, no matter who writes them. I loved it, and couldn't put it down once I started reading it. Cheers T
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9 of 9 people found the following review helpful By natpro1944 on November 26, 2010
Format: Hardcover Verified Purchase
I am 66 and this book was long overdue. Right on the money. All Americans need to read this book to understand once and for all WHY governments, ALL governments, love to put their citizens into debt. Here's a "tip". Because Wall Street and Banks want to sell that debt around the world because they make huge commissions when they do. It's like a car dealer who wants to sell cars, but never has to actually pay for the cars sold. They just move them down the line. An excellent book which is well researched.
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8 of 8 people found the following review helpful By Efrem Sepulveda on November 9, 2010
Format: Kindle Edition
As of this writing, the GOP had captured the House and made gains in the Senate in the 2010 midterm elections. All eyes are on the prospective Chairman of the Finance Committee Spencer Bachus of Alabama to see what he will do for the finance world. After reading this book, I would say to him "don't make any deals with these devils on Wall Street. Tell them no bailouts, no sweetheart deals and let them stew in their own mistakes." Mr. Gasparino makes an eye-opening case concerning the Democrats deals with the movers and shakers of Wall Street in this 268-page book with three appendices that names all of the key players of the Meltdown of 2008 and other fiscal disasters, the financial organizations that were at the center of this controversy and a handy guide of terms that include such names as carry trades and credit default swaps that gives the everyman on the street a good overview of the situation that affects us all.

The main thesis of the book is that the rise of Barack Obama came not from the grass roots of community in his hometown of Chicago, but rather through the efforts of major Wall Street players like Lloyd Blankfein, Jaime Dimon and Larry Fink. Millions of dollars were given by the financial power players to carry Obama to the White House in exchage for "protection" of their empires and to gain favor with him that resulted in moderate success on their part.

Omce you read this book, you will shed the stereotypes of Wall Street bankers that have been in place for years. This is a recommended read. I reiterate, the GOP should NOT make deals with these guys; if they don't, they will be shoo-ins to retain their majority in 2012.
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12 of 14 people found the following review helpful By JCB on October 12, 2010
Format: Kindle Edition Verified Purchase
The book hits a home run in describing the motivations and significant risks taken. Gasparino does a terrific job in describing it all in terms the average layman can understand. He tells the whole story and how the pieces interrelate. It is impossible to tell the complete story without knowing all of the players and their role. The discussion of things that went on behind closed doors is excellent. The best book I have read on the 2008 financial crisis and it's causes.
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