****** - Verified Buyer
4.5
I regard this as an extraordinarily important book that should be widely read and widely discussed. It would have been particularly important for this to have occurred prior to the recent presidential election. Reading this book importantly informed me about socio-economic (and hence political) issues that I only poorly understood before reading the book, but the book had a great and important clarifying impact upon me. All the talk about "job creators" and the job-creating effect of hedge funds came through in an altogether different light as a result of reading this book. I urged C-span to feature the author on one of their interviews, but to my knowledge that never happened, nor did the book receive the attention it deserves in main-stream media, or, for that matter, in the alternative media. I am not enough of any economist to comment upon the author's contention that the extensive buyouts of hedge fund companies will bring down our economy. For me, the important part of this book - and it was very important - lay in elucidating what hedge funds are, how they operate, and the effects they often have upon workers, their retirement pensions and health benefit programs, and indeed the fate of the taken-over companies themselves. Few things are more central to our thinking about the nation's economy, and the tie-in with political choices we are presented with. This book is the antidote - and a very powerful antidote - to much of the "spin" put forth during the recent presidential campaign. This book deserves much more widespread attention then it appears to have received. I rate it as one of the more important books I have read in recent times.
