- Paperback: 354 pages
- Publisher: CreateSpace Independent Publishing Platform (September 13, 2011)
- Language: English
- ISBN-10: 1463557663
- ISBN-13: 978-1463557669
- Product Dimensions: 6 x 0.8 x 9 inches
- Shipping Weight: 1.3 pounds (View shipping rates and policies)
- Average Customer Review: 29 customer reviews
- Amazon Best Sellers Rank: #1,165,700 in Books (See Top 100 in Books)
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Black Tuesday Paperback – September 13, 2011
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About the Author
After over a decade working at top Wall Street firms, Nomi left a lucrative career in disgust to pen three nonfiction whistle-blower books: It Takes a Pillage, Other People’s Money, and Jacked, exposing the shady deals and cozy relationships from Wall Street to Washington. Her thriller, The Trail, was set in the corrupt banking world, and written under a pseudonym. Her prescient work has appeared in The New York Times, The Nation, Daily Beast, The Daily News, Alternet, Fortune, Newsday, Mother Jones, and many other publications. She has been featured in several international documentaries, and is a frequent commentator for PBS, MSNBC, CNBC, C-SPAN, CNN, BBC, Fox, and other stations.
Top customer reviews
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Her Wall Street education unfolds through the twists and turns and trials of her emigrant life and love affairs. Her thoughts, questions and conclusions were such that I felt as if I was right there with her. "The power of Wall Street is no less than the Cossacks." And even though I have little in common with an emigrant Russian woman in 1929 her experience was so familiar I found myself agreeing with her often. Background explanations such as the conservative Wall Street Journal and politicians soothing the public before the crash with ideas that everything was fine and that our country was back on track and that blaming the great banker was just "sour grapes" read like a Déjà vu experience as did the progressive newspaper talking of a depression that was the result of bankers lying and stealing from the public. To top it off, this captivating story ends in a way that I didn't expect. Now if we only had a modern day Leila. But in 2011 we'd need ten Leila's. Black Tuesday is a great read that does double duty as an entertaining historical novel and a modern day wake-up call to our current Wall Street environment.
I just finished reading New York (by Rutherfurd) which I really enjoyed and I was looking for a good book like that one. Then, I found out about Black Tuesday listening to the interview Ms. Prins gave to Brian Lehrer from WNYC and decided to read it.
Congratulations to Ms. Prins, i is a very good book.
Leila is such a great character in all aspects - her thoughts about her new country, trying to grow, learn and help her family and, of course, her love dilemmas in a historical scenario perfectly presented by the author.
Go ahead, read the book, you will enjoy it.
She did a very good job of showing the parallels between the '29 crash and the current meltdown which started in 2008. History repeats itself. "The only new thing in this world is the history you don't know." President Harry S. Truman.
As Nomi has pointed out in her other writings, stock market crashes all come from the same virus....the creation and issuing of worthless or badly overvalued pieces of paper("securities" sold under catchy names) and doing it on a massive and unregulated scale.
And there is absolutely nothing in place now (Oct. 2011) to prevent it from happening again and again.
She also does a great job of depicting the values, beliefs and lifestyles of the upper strata that floats along on the shoulders of the masses. And that is important because it is that regal mindset of imperial privilege and immunity that creates the environment and conditions for the ongoing royal fleecings of the masses by the ruling class (banksters if you prefer).
Somebody has to shine a bright light on these cockroaches who have been stealing our fortunes and futures since the 1920's, and before, and are still doing it. Nomi Prins is trying to tell us that these pillages are nothing new, are very predictable, and have a very, very preventable cause.
Check out her website at [...]