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The Key Man: The True Story of How the Global Elite Was Duped by a Capitalist Fairy Tale CD – 6 juillet 2021
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|CD, 6 juillet 2021||
Détails sur le produit
- Éditeur : Blackstone Pub; Unabridged édition (6 juillet 2021)
- Langue : Anglais
- ISBN-10 : 166509897X
- ISBN-13 : 978-1665098977
- Poids de l'article : 234 g
- Dimensions : 13.46 x 19.05 cm
- Commentaires client :
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The book also reveals the ecosystem in which Arif Naqvi was operating. He comes out as the principal but not the sole villain—he was throwing pounds of flesh that allowed him to swim safely for so long. From the NGO sponsored Davos summit with $348,673 dinner for politicians to $20 Million for lobbying fee to seek a single favorable decision. After all, what wisdom did Senator John Kerry offer in the speech where he was paid $ 250,000 except that he could offer tacit connections to government and tax-payers money. But this was all kosher and remains so in high finance. What is interesting is that the Professors from Harvard and Yale turn out to be no better than the average Joes and were not able to read the situation any better. Cambridge, Harvard, Dartmouth, Wharton, Yale and London School of Economics feature generously amongst the players. It was interesting to read that KPMG could not interpret $100 Million+ random entries and walked away with their professional licenses intact. The facts indeed are “an indictment of the expert class.”
The authors, however, are very cautious when it comes to discussing the companies managed by Abraaj. I guess they had to be since aggressive law firms and libel prevent much sordid truth to come out. I was hoping to read more details about some of the companies that Abraaj operated to understand what lead to their failures. My hunch is that exploring the companies will also be a treasure trove of extraordinary payments for some ordinary tasks.
I am very mistrustful of someone championing private initiative on public money and the whole posturing and positioning of Abraaj confirms this suspicion. The authors have done a wonderful job and their observation is pertinent that any discussion to improve the quality of life of the poor must include the poor themselves and must not be left to billionaires and politicians in Davos or The Connaught.