Review of 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown

Simon Johnson and James Kwak, 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown, Pantheon Books 2010, 320 pages

Yet another book on the financial crisis? Yes, but this one has a rather different slant. Johnson and Kwak look at the relationship between Washington and Wall Street and argue that, thanks to their lobbying power, banks, rescued at a huge cost to the public purse, have emerged more powerful than ever.

The book begins with some history recognising that it is always g

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