A Game as Old as Empire: The Secret World of Economic Hit Men and the Web of Global Corruption
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John Perkins's sensational New York Times bestseller Confessions of an Economic Hit Man (more than 300,000 sold) revealed just the tip of the iceberg of the secret world of economic hit men and the web of global corruption. Now more economic hit men and investigators tell the whole shocking story.
interviewed by Ellen Augustine, February 12, 2006. 50. Sta Ana interview. 51. Riza Bernabe, program coordinator of the Small Farms and Agricultural Trade Center of Centro Saka, interviewed by Ellen Augustine, February 5, 2006. Hereafter cited as Bernabe interview. 52. Walden Bello, executive director of Focus on the Global South, interviewed by Ellen Augustine, January 22, 2006. Hereafter cited as Bello interview. 53. Joy Chavez, senior associate, Focus on the Global South and Coordinator of
alive by financing lucrative export deals for new and refurbished nuclear plants in the developing world and former communist states. Canada’s ECA supported the purchase and construction of two nuclear reactors by China in 1996, two proposed reactors to Turkey in 1997, and $1 billion of additional financing to complete the Cernavoda nuclear reactor in Romania in 1998. The reactor was financed by earlier export credits and left half-finished under the communist Ceausescu regime. It had been
of corporate globalization. Global Uprising Five months after WTO talks collapsed in Seattle, some 30,000 people demonstrated in April 2000 against annual fall meetings of the World Bank and IMF in Washington, D.C. In January 2001, over 10,000 people gathered in Porto Alegre, Brazil, for the first annual World Social Forum, an event organized solely to discuss meaningful alternatives to corporate globalization. Annual participation at the World Social Forum now regularly tops 100,000
knows how teams of lawyers and accountants are employed to instantly scrutinize new government measures to identify tax loopholes to exploit. Of course, only the very rich can afford to pay $850 per hour to those who devise elaborate tax avoidance schemes, which the majority of small businesses are unable to use. The consequence of this uneven access to tax avoidance is that larger businesses enjoy a harmful competitive advantage—and the tax burden is increasingly being shifted from those who can
vice chair of Bank of New York-Inter-Maritime Bank, both in Geneva. Lincoln’s collapse cost taxpayers $2.5 billion. Embarrassment trumped corruption, so the chair of the Foreign Relations Committee, Senator Claiborne Pell, blocked further hearings.10 Blind Oversight: The British Accountants and the Bank of England The accountants Price Waterhouse UK helped perpetuate the fraud. The fellows running BCCI were not as bright as they thought they were. They were playing with $10 billion in