Tales from the Global Underground Economy
by James S. Henry
2005, Thunder’s Mouth Press
(First published in 2003 by Four Walls Eight Windows)
417 pages, illustrated.
Like tentacles on a vast octopus, the firsthand investigations in The Blood Bankers all lead to one core. A financial detective of sorts, investigative journalist Jim Henry analyzes a range of scandals, including the looting of the Philippines by the Marcos family and the financial collapse of nations throughout the developing world. A rogues’ gallery of international criminals owes its existence to the dramatic growth of the underground global economy over the last two decades. Our world is being reshaped, often in sinister fashion, by wide open capital markets and an international banking network that exists to launder hundreds of billions of dollars in ill-gotten gains. Here is an inside look at globalizatio’s dark side—the new high growth global markets for influence-peddling, capital flight, money laundering, weapons, drugs, tax evasion, child labor, illegal immigration, and other forms of transnational crime.
Features firsthand investigations into the Third World activities of Citigroup, Chase/Morgan, Lehman Brothers, and others.
Foreword by former U.S. Senator Bill Bradley.
THIS BOOK IS IN PRINT. Available commercially.
Learn more about James S. Henry.