How to Make a Million Dollars an Hour, livre ebook

Top hedge fund managers make more than Oprah, Rupert Murdoch, and A-Rod combined?but they aren't running news and entertainment empires or playing baseball for the New York Yankees. Aren't you curious about how these hedge fund dudes make so much doing who knows what? You may even wonder if you can get there, too. After all, this is America!

This book gives you the answers in a twelve-step guide to accumulating vast riches the way hedge fund managers do?by playing trillion-dollar poker with a marked deck. Through each easy step, you'll learn the sleight of hand and disregard for basic morality you'll need to move from making tens of dollars an hour to millions an hour! Along the way, you'll also question whether these hedge fund moguls make markets work better?as they and their apologists insist?or cause instability, siphon off capital, and destroy value without adding so much as a single widget to the economy.

• Takes a fascinating tour of the wild side of fantasy finance to explain just how hedge fund managers make so much money?and whether or not the million-an-hour crowd produces anything positive for society and the economy
• Teaches you hedge fund secrets that make it possible to pull down astounding sums in the space of minutes?from rigging your bets to milking millions in special tax breaks?if you're willing to bankrupt your morality for the cash
• Counters many of the most common arguments about why speculating in financial markets is somehow "worth more" than creating entertainment, electronics, or consumer goods that consumers want
• Written by Les Leopold, the popular AlterNet writer and author of The Looting of America

Introduction 1

Step 1 Reach for the Stars—and Beyond 5

Step 2 Take, Don’t Make 25

Step 3 Rip Off Entire Countries Because That’s Where the Money Is 48

Step 4 Use Other People’s Money 62

Step 5 Create Something You Can Pretend Is Low Risk and High Return 78

Step 6 Rig Your Bets 97

Step 7 Don’t Say Anything Remotely Truthful 113

Step 8 Have the Right People Whispering in Your Ear 136

Step 9 Bet on the Race after You Know Who Wins 159

Step 10 Milk Millions in Special Tax Breaks 183

Step 11 Claim That Limits on Speculation Will Kill Jobs 204

Step 12 Distract the Dissenters 221

Conclusion 237

Acknowledgments 241

References 243

Index 251