Review of "Other People's Money : The Corporate Mugging of America" on 'Goodreads'
4 stars
This is normally not the kind of book I would pick up and decide to read. However, getting involved in the APEs community after the GME sneeze, I was beginning to learn some of the corruption that was taking place. Nomi Prins name had come up in the Superstonk community and it was then that I decided I was gonna try to read her books.
This is the second book I've read by her, however the first non-fiction book I read by her. This book reminded me about my smooth brain when it comes to finance. I will say though, I certainly gained a few wrinkles at least. No doubt, after reading this book. However there are still many things to learn before I really truely comprehend this book.
From what I do understand is that no matter the time, there is always corruption going on, and it goes back far into history.
Given Nomi Prins proximity to the heart of the corruption occurring and her amazing knowledge on the inner workings, this book is a wealth of information. It is jam packed and at times a bit hard to read, probably due to the target audience not being someone like me. Perhaps a book for someone to read if they themselves have a finance background. The level of detail she gets into is truely astounding, however it certainly feels very hard to read at times. There are still many moments when it feels like I'm finally understanding and putting some pieces together. So I wouldn't say it's unreadable.
It's a great book that gets into the nitty gritty history and happenings of the crash in the 2000s, a time when I myself was only a child. So its interesting to think about some of the news I was seeing back then and applying a deeper understanding to what was happening around that time and providing more context.
It's also a great backdrop to understanding what is currently happening now and how deep it goes and how difficult it can be to get these issues resolved.
So, if you're like me, it will be a slow crawl with your favorite search engine to get to the end of the book, but you'll certainly learn something or two by the end.