Vultures' Picnic

Vultures' Picnic

A Greg Palast Investigation

Book - 2011
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"This is the story of the corporate vultures that feed on the weak and ruin our planet in the process---a story that spans the globe and decades. For Vultures' Picnic, investigative journalist Greg Palast has spent his career uncovering the connection between the world of energy (read: oil) and finance. He's built a team that reads like a casting call for a Hollywood thriller--a Swiss multilingual investigator, a punk journalist, and a gonzo cameraman--to reveal how environmental disasters like the Gulf oil spill, the Exxon Valdez, and lesser-known tragedies such as Tatitlek and Torrey Canyon are caused by corporate corruption, failed legislation, and, most interestingly, veiled connections between the financial industry and energy titans. Palast shows how the International Monetary Fund, World Bank, World Trade Organization, and Central Banks act as puppets for Big Oil. With Palast at the center of an investigation that takes us from the Arctic to Africa to the Amazon, Vultures' Picnic shows how the big powers in the money and oil game slip the bonds of regulation over and over again, and simply destroy the rules that they themselves can't write--and take advantage of nations and everyday people in the process"--Provided by publisher.
Shares an exposé of the relationship between the oil and banking industries while arguing that such environmental disasters as the Gulf oil spill and Exxon Valdez can be directly linked to corporate corruption and failed legislation.
Publisher: New York : Dutton, c2011
ISBN: 9780525952077
Branch Call Number: 338.7665 PALAST
Characteristics: 404 p. : ill. ; 24 cm


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Feb 15, 2014

This is an important book, although I sometimes find Palast's writing style tedious. One incredibly important item is that Palast covers the most important item of the WTO's Financial Services Agreement, the Fifth Protocol - - this is crucial to understanding what is really going on, which can be summed up in three words:
inflating financial assets.
By forcing the acceptance of credit derivatives - - fantasy finance - - they are allowing in economic domination at the national and international levels - - which is their justification for fraudclosures, wars, et cetera!

(One error in the book is when he confuses Blackrock with Blackstone Group, which Steven Schwarzman heads. BlackRock is an offshoot of Blackstone, though, and one wonders if the Rockefeller money financed that as well?)


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