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The Blood Bankers: Tales from the Global Underground Economy Paperback – June 30, 2005
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About the Author
Top Customer Reviews
Henry, a lawyer and economist by training and an investigative journalist by avocation, has been working on this story since the late 1980s. He travelled to more than 50 countries in pursuit of it and his book contains original, first-hand accounts of decades of unscrupulous financial behavior in the Philippines, Brazil, Nicaragua, Argentina, Chile, Paraguay, and Mexico.
What started off as an economist's enquiry into the paradox of third world debt has ended up as an indictment of the first world corporations that helped to create it. Henry tells how many of the world's leading banks and financial groups have, often with the complicity of their governments and supranational institutions, created and fuelled the new high-growth global markets for dirty debt, capital flight, money laundering, tax evasion, corruption, illicit weapons traffic, and other new transnational forms of dubious economic activity.
This is an essential book. Corruption is the scandal of third world debt. Attempts to relieve it must include the means to prevent its happening again.
Jim's book is a treasure of facts and speculative plots for any citizen of the world seriously concerned with exploring and then grounding his or her ethical claims for a different global convivencia - way of being together and engaging with the others in our daily lives-. The book brings, through a rich and engaging set of well-researched stories, a context for understanding the role played by a system of major institutions in crafting the failures and financial scandals that often appear as scattered and disconnected news in the media. He draws a clear picture of a sustained pattern of behaviors, practices, interpretations, institutionalized systems and ways of thinking and working that are embedded in worldwide economic institutions, investment banks, governments, the great construction companies of the world, major equipments vendors, that create exactly the right situation for growing the behaviors that bring and sustain these results.Read more ›
Most Recent Customer Reviews
This is one of five or six books I have recently read on politics and the economy. It is an eye-opener, and can be quite shocking for the politically innocent reader. Read morePublished on June 11, 2014 by Claire. Whitley
this book is really insightful on the embezzelment of millions of dollars in loans to third world countrys, it makes you sick to read it.Published on January 4, 2014 by book reader
If you are interested to know the truth, this is the book. Present time events confirm, author got it right. I really enjoyed it.Published on September 19, 2013 by Galina Nikolaeva
The book is bringing some light into underground world. Due enormous scale of underground operations of establishment and sealed archives, it is not easy to uncover all by one... Read morePublished on March 18, 2013 by Hatatitla
Five stars as a journalistic work. There are some loose threads not tied in, but they involve speculation and refer to the context. Read morePublished on February 28, 2013 by wblakesx
Based on the material presented in this book it is 5 Stars. Based on the fact that the author fails to connect the dots, 3 Stars. So, I gave the book 4 Stars. Read morePublished on November 25, 2010 by Elliot Malach
This is one of the best books I have ever read, I highly recommend it.Published on March 14, 2010 by Edwin Flores
Blood Bankers collates vivid insider stories on the pillage of developing countries by international banks and the piracy of finance by corrupt leaders. Read morePublished on May 20, 2005 by Hwok-Aun Lee
This book is an eye-opening account of the financial chicanery that lay behind countless poorly planned, badly executed, over-priced and economically unviable development projects... Read morePublished on May 20, 2005 by Lynda Pickbourn