Corruption in Washington DC and on Wall Street joined at the hip has affected your finances and your children's future; it is about the complete erosion of representative government that ceded the power of policy writing and regulation of our banking and financial markets to a lobbying company for the hedge fund short sellers whose greed for power and profit led them to subvert our capitalist system economy, their dirty malicious scandalous criminal maneuvers resulted in the collapse of the economy, the lending freeze, the stock market crash, and the looting of America in excess of $11 trillion dollars; it was a perfect crime until now, the truth and their secrets revealed in this book. The scam orchestrated by the wizards of Wall Street and sanctioned by their Washington DC lap dogs; the scam that elected Barack Obama, Exposed. Who did it and how? Details and names revealed; Architects of the crisis. The book offers the solution for a complete and permanent recovery from the crisis.
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About the Author
An entrepreneur investor, 21 years entrepreneurship, and 16 years of financial market experience.
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Most Helpful Customer Reviews
28 of 30 people found the following review helpful
I am still waiting for our economy to recover and am wondering if present stimulus package and other recovery efforts are really going to work. And I begin to wonder if recovery is possible if our leaders don't really understand what caused our economy to crash in the first place.
Then I come across some information online about a new book by Zubi Diamond entitled "Wizards of Wall Street & Washington Lap dogs; The Scam That Elected Barak Obama. Diamond writes that President Obama is not aware that the crash was caused by financial advisors who have close access to the White House.
As I read a few more pages I learn that the author believes a group of highly-placed and influential hedge-fund conspirators convinced the SEC to eliminate safeguards that were in place since 1938 to prevent the stock market from crashing. One the SEC safeguards were gone, the conspirators engineered the near-collapse of our economic system. Diamond identifies George Soros as the mastermind of this effort.
This excerpt from the book is a good summary of what Diamond things of short-sellers: "Hedge Fund short sellers do not want price appreciation or increase in value, they only want and have an expectation of a future price decline and decrease in value leading to the destruction of the companies. Hedge Fund short sellers are not investors; they are masquerading as investors, they are the proverbial wolves in sheep's clothing; they are the financial market looters, selling what they never owned and stealing what they never owned, because that is what short selling allows them to do."
The author says our congressional committees and representative leaders have surrendered the responsibility to write policy and regulate banks and the stock market to hedge-fund short-sellers whose greed for power and money led them to subvert capitalism and our free economy.
Before recovery really is possible, says the author, the administration and congress must reinstate the uptick rule, circuit breakers and the trading curb, remove mark-to-market accounting and replace it with cost accounting, dismantle and quit trading all ETFs, regulate hedge funds in the same manner as mutual funds and pension funds, and regulate speculation on crude oil futures.
After reading the first chapter I was thinking that this is just another conspiracy theory book and was about to lay it down. But after reading the next three chapters I came to realize that Zubi Diamond had done a lot of research, had personal experience in the market, and seemed to know what he was talking about. This is a book that Republicans and Democrats alike should read. Come to think of it, maybe President Obama and Treasury Secretary Tim Geithner also should read Zubi Diamond's new book.
-- Emory Daniels
Then I come across some information online about a new book by Zubi Diamond entitled "Wizards of Wall Street & Washington Lap dogs; The Scam That Elected Barak Obama. Diamond writes that President Obama is not aware that the crash was caused by financial advisors who have close access to the White House.
As I read a few more pages I learn that the author believes a group of highly-placed and influential hedge-fund conspirators convinced the SEC to eliminate safeguards that were in place since 1938 to prevent the stock market from crashing. One the SEC safeguards were gone, the conspirators engineered the near-collapse of our economic system. Diamond identifies George Soros as the mastermind of this effort.
This excerpt from the book is a good summary of what Diamond things of short-sellers: "Hedge Fund short sellers do not want price appreciation or increase in value, they only want and have an expectation of a future price decline and decrease in value leading to the destruction of the companies. Hedge Fund short sellers are not investors; they are masquerading as investors, they are the proverbial wolves in sheep's clothing; they are the financial market looters, selling what they never owned and stealing what they never owned, because that is what short selling allows them to do."
The author says our congressional committees and representative leaders have surrendered the responsibility to write policy and regulate banks and the stock market to hedge-fund short-sellers whose greed for power and money led them to subvert capitalism and our free economy.
Before recovery really is possible, says the author, the administration and congress must reinstate the uptick rule, circuit breakers and the trading curb, remove mark-to-market accounting and replace it with cost accounting, dismantle and quit trading all ETFs, regulate hedge funds in the same manner as mutual funds and pension funds, and regulate speculation on crude oil futures.
After reading the first chapter I was thinking that this is just another conspiracy theory book and was about to lay it down. But after reading the next three chapters I came to realize that Zubi Diamond had done a lot of research, had personal experience in the market, and seemed to know what he was talking about. This is a book that Republicans and Democrats alike should read. Come to think of it, maybe President Obama and Treasury Secretary Tim Geithner also should read Zubi Diamond's new book.
-- Emory Daniels
9 of 11 people found the following review helpful
Amazon Verified Purchase
This small book is very informative for the non-financial individual: I now have a clearer picture of the what, how and why of the current financial meltdown and what must be done to correct it. This book answered several questions as to who was involved in the current financial mess and what part government regulators played in it. Mr Diamond makes it clear that the financial mess was intentionally created, not only to increase profits for a number of Hedge Fund managers but to interfere with the United States political systems with an eye toward the then-coming elections. Mr Diamond does not go into exactly what this political coup was meant to accomplish - that is for others to figure out. But he makes it clear that this was NOT an accident and that these international 'players' carefully timed their moves to create the most havoc within our financial systems. They have looted the 401(k)s and retirement savings of the middle class and will continue to drain money from the small investors as our economy continues to flounder. It cannot be stopped until reasonable regulation is once again put into place. Both these managers and government officials need to go to jail . . .they make Bernie Madoff look like a choirboy!
Not terribly professional in editing but still very informative. Gives you a good starting point to figure the whole scheme out!
Not terribly professional in editing but still very informative. Gives you a good starting point to figure the whole scheme out!
4 of 4 people found the following review helpful
We now live in a bankrupt country and people need to wake up! Our government has been sold to the highest bidder and is no longer serving the people. Thank you Mr. Diamond for having the courage to name names and offer a solution, which is way more than what most people are doing!
Most Recent Customer Reviews
3.0 out of 5 stars
Wizards of Wall Street by Zubi Diamond
Lots of good information that is now somewhat out of date. The changes suggested by Mr. Diamond could still be acted on, but it would take Republican control of the House, the... Read more
Published on April 8, 2011 by Frederick E. Scheel
5.0 out of 5 stars
GREAT BOOK!!!!
I am glad someone has the courage to tell the truth by writing this book and clearly explaining what caused the economic collapse, and offers the correct solution to fix the... Read more
Published on January 5, 2011 by Amanda Clark
5.0 out of 5 stars
Informative with a plan and solution for economic recovery
This should be the #1 book for guidance to full economic recovery in America. After reading this informative book, I now understand what caused the economic crisis. Read more
Published on November 21, 2010 by LoveBooks
1.0 out of 5 stars
ReviewMan99
This may be the worst book (101 pages) ever written on the planet. Redundant and filled with grammatical errors.
This "book" is a pitiful attempt at communication.... Read more
This "book" is a pitiful attempt at communication.... Read more
Published on November 11, 2010 by The Evaluator
5.0 out of 5 stars
Where Did The Money Go?
I had read some reviews and this book was mentioned. Also it was short book.
It asked questions that Members Of Congress should be asking the Hedge Traders. Read more
It asked questions that Members Of Congress should be asking the Hedge Traders. Read more
Published on September 17, 2010 by Roger Voelker
5.0 out of 5 stars
WOW !
This is more of an expose of who owns Barack Obama and put him in the White House!
Published on March 16, 2010 by Charles Pigeon
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