By John Perkins, Steven Hiatt
John Perkins's sensational manhattan occasions bestseller Confessions of an financial Hit guy (more than 300,000 bought) published simply the top of the iceberg of the key global of financial hit males and the internet of world corruption. Now extra financial hit males and investigators inform the complete surprising tale.
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Additional info for A Game as Old as Empire: The Secret World of Economic Hit Men and the Web of Global Corruption
119–23. 21. Ann Louise Bardach and Larry Rohter, “Key Cuba Foe Claims Exiles’ Backing,” New York Times, July 12, 1998. htm. 22. Perkins, Confessions of an Economic Hit Man, pp. 153–61. 23. htm. 24. S. First: Pentagon Would Preclude a Rival Superpower,” Washington Post, March 11, 1992. 25. Andrew J. S. : Harvard University Press, 2002), p. 243. 26. See Mike Davis, Planet of Slums (London: Verso, 2006), for an examination of Third World growth without development and the Pentagon’s preparations for “low-intensity world war of unlimited duration,” previewed by Baghdad’s Vietnam Street in the Sadr City district.
Dozens of countries currently operate under IMF “structural adjustment” programs (SAPs), and despite—or because of—such tutelage few ever complete the IMF/World Bank treatment to regain ﬁnancial health and independence. The Web of Control Payments on Third World debt require more than $375 billion a year, twenty times the amount of foreign aid that Third World countries receive. 5 How does such a failed system maintain itself ? Simply put, Third World countries are caught in a web of control—ﬁnancial, political, and military—that is extremely hard for them to escape, a system that has become ever more extensive, complex, and pervasive since John Perkins devised his ﬁrst forecasts for MAIN.
In practice, compliance ofﬁcers have privately conﬁrmed to me that “know-your-client” checks are frequently conducted on a check-box basis and that no attention is paid to whether the customer is evading taxes. In recent years these due-diligence checks have been strengthened in the case of PEPs like Sani Abacha. But banks remain reluctant to conduct “enhanced” due-diligence checks, partly because of the expense involved, but also because they prefer to turn a blind eye to the true nature of their clients’ activities.
A Game as Old as Empire: The Secret World of Economic Hit Men and the Web of Global Corruption by John Perkins, Steven Hiatt