The State, the Financial System and Economic Modernization Book

Not so sure the relationship between Wall Street and Washington is "hidden" as the revolving door between financial companies and Washington is pretty well known. That said, readers can still be outraged at the different rules of the game between big business and consumers--savers punished by low interest rate, tax funded rescues of companies that went on to pay millions in bonuses to executives whose recklessness caused great harm to our economy, underwater home owners struggling to get loan modifications, etc. Gasparino writes in caffeinated prose, not afraid to quoting street-type language among Wall Street denizens who somehow can't believe that after all the campaign contributions they gave to Obama that his administration was using Wall Street as a piñata to reflect public outrage at bankers. A pox on both of their houses Gasparino seems to be implying, but as we all know, the recent crisis is petering out and the reforms that were supposed to prevent another crisis like the one we just went through never materialized, and therefore we can expect the round trips between Washington and Wall Street to continue.