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Secret Weapon: How Economic Terrorism Brought Down the U.S. Stock Market and Why It can Happen Again Hardcover – January 16, 2012
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Freeman explains persuasively and clearly why we may be beginning the third act of a monetary and fiscal tragedy. You don’t care about dark pools, huge Middle-Eastern sovereign wealth funds, naked short selling, and bear runs? I’m afraid you will, and rather soon.”
—R. James Woolsey, Chairman of the Foundation for Defense of Democracies and former Director of Central Intelligence
Every American needs to understand how our financial markets have been manipulated by people who want to destroy the nation and how they can do even greater damage in the future. This book is a critical read for everyone.”
—William G. Boykin, Lt. Gen. USA (ret), former Commander of U.S. Army Special Forces and founding member of Delta Force
Kevin Freeman’s alarming proposition on economic warfare merits attention from those at the highest levels entrusted with our nation’s security. It is incumbent on the U.S. intelligence and defense community, financial regulators, and those with advanced financial acumen to assess and address this modern security vulnerability. Warfare continues to evolve. As the United States remains vigilant against emerging threats, we must appreciate newfound challenges to longstanding assumptions about how our enemies could exploit our financial markets with potentially devastating consequences for our nation.”
—Congressman Bill Posey
Kevin Freeman has done an exceptional job working with open source financial data. This is a superb effort to expose extreme vulnerabilities to our financial system. With today’s international markets in such a fragile and volatile state, Freeman’s work deserves serious reflection. To do so would cost little. To dismiss it outright might cost us everything.”
—Thomas W. O’Connell, former Assistant Secretary of Defense (Special Operations) (2003-2007) and former member of the NASDAQ Public Board of Directors
About the Author
Top Customer Reviews
I first asked how this could be possible, since the media and our own Central Intelligence Agency were not even aware this was a threat possibility and the fact that we are being attacked in a three-phased attack. Kevin explains how Sovereign Wealth funds, those funds controlled by foreign governments mostly in the Middle East, could embark on major market manipulations by using our own market rules to evaporate trillions in wealth almost overnight. Kevin clearly explains what these weapons are and how they are being used against us. Some of the tactics include, naked short selling, high frequency trading, naked sponsored access, and the uptick rule. Each of these complicated financial maneuvers was used to bring down major Wall Street companies and has made our economy weak.
These same attacks are being waged in against the Euro markets and now we have entered phase three and this book explains how we can both protect our financial assets and what can be done to stop future attacks.
In Secret Weapon, Kevin Freeman does an excellent job of explaining the new threat posed by our enemies and their unorthodox tactics of warfare for crippling our financial institutions. The book should be read by anyone who wants to understand the underlying causes of the current economic quagmire and how recent actions by the government and the S.E.C. have left us vulnerable to economic machinations. The book is at once a compelling history of financial warfare, a primer on market manipulation, and a disconcerting description of the means, motives, and methods of those who see the American economy as the new battlefield.
Most Recent Customer Reviews
While I don't agree with all of the arguments presented in the book, it does provide food for thought about what happened in 2008. I'm hoping that Mr. Read morePublished 1 month ago by Vincent R. Kranz
Kevin shows great scholarship and diligence in the researching and writing of this book. The list of people he met and/or whose work he studied is extremely impressive. Read morePublished 5 months ago by Steven P. Sappington
Excellent book! Economic warfare is real and must be considered in today's world. It's happening right now in the oil industry. Read morePublished 5 months ago by Mike E. Yother
I loved this book -it was very helpful in helping me to understand what happened back in the 2008 market crash -I've recommended it to several friends in the financial industryPublished 5 months ago by Lisa C Ritchie
Exquisitely detailed explanation was critically helpful. Articulate research and obviously apparent knowledge is appreciated. Highest recommendationPublished 11 months ago by Raymond Harris
With all the chaos and scary news out there, in my opinion it is the most important - yet financial terrorism is being totally ignored by the media, government, and the public. Read morePublished 13 months ago by Orchid
I have a degree in finance and still found I really had to concentrate to keep up. The good news is that he put a nice "layman's summary" at the end of each section. Read morePublished 13 months ago by Spaddriver