How Long to Read Deception and Abuse at the Fed

How Long Does it Take to Read Deception and Abuse at the Fed?

It takes the average reader 4 hours and 50 minutes to read Deception and Abuse at the Fed by Robert D. Auerbach

Assuming a reading speed of 250 words per minute. Learn more

Description

The Federal Reserve—the central bank of the United States—is the most powerful peacetime bureaucracy in the federal government. Under the chairmanship of Alan Greenspan (1987-2006), the Fed achieved near mythical status for its part in managing the economy, and Greenspan was lauded as a genius. Few seemed to notice or care that Fed officials operated secretly with almost no public accountability. There was a courageous exception to this lack of oversight, however: Henry B. Gonzalez (D-TX)—chairman of the U.S. House of Representatives Financial Services (banking) Committee. In Deception and Abuse at the Fed, Robert Auerbach, a former banking committee investigator, recounts major instances of Fed mismanagement and abuse of power that were exposed by Rep. Gonzalez, including: Blocking Congress and the public from holding powerful Fed officials accountable by falsely declaring—for 17 years—it had no transcripts of its meetings; Manipulating the stock and bond markets in 1994 under cover of a preemptive strike against inflation; Allowing $5.5 billion to be sent to Saddam Hussein from a small Atlanta branch of a foreign bank—the result of faulty bank examination practices by the Fed; Stonewalling Congressional investigations and misleading the Washington Post about the $6,300 found on the Watergate burglars. Auerbach provides documentation of these and other abuses at the Fed, which confirms Rep. Gonzalez's belief that no government agency should be allowed to operate with the secrecy and independence in which the Federal Reserve has shrouded itself. Auerbach concludes with recommendations for specific, broad-ranging reforms that will make the Fed accountable to the government and the people of the United States.

How long is Deception and Abuse at the Fed?

Deception and Abuse at the Fed by Robert D. Auerbach is 285 pages long, and a total of 72,675 words.

This makes it 96% the length of the average book. It also has 89% more words than the average book.

How Long Does it Take to Read Deception and Abuse at the Fed Aloud?

The average oral reading speed is 183 words per minute. This means it takes 6 hours and 37 minutes to read Deception and Abuse at the Fed aloud.

What Reading Level is Deception and Abuse at the Fed?

Deception and Abuse at the Fed is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Deception and Abuse at the Fed?

Deception and Abuse at the Fed by Robert D. Auerbach is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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