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American Kleptocracy by Casey Michel
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American Kleptocracy

How the U.S. Created the World's Greatest Money Laundering Scheme in History

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Narrator Joe Dwyer

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Length 9 hours 40 minutes
Language English
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A remarkable debut by one of America's premier young reporters on financial corruption, Casey Michel's American Kleptocracy offers an explosive investigation into how the United States of America built the largest illicit offshore finance system the world has ever known.

"An indefatigable young American journalist who has virtually cornered the international kleptocracy beat on the US end of the black aquifer."
โ€”The Los Angeles Review of Books

For years, one country has acted as the greatest offshore haven in the world, attracting hundreds of billions of dollars in illicit finance tied directly to corrupt regimes, extremist networks, and the worst the world has to offer. But it hasnโ€™t been the sand-splattered Caribbean islands, or even traditional financial secrecy havens like Switzerland or Panama, that have come to dominate the offshoring world. Instead, the country profiting the most also happens to be the one that still claims to be the moral leader of the free world, and the one that claims to be leading the fight against the crooked and the corrupt: the USA.

American Kleptocracy examines just how the United Statesโ€™ implosion into a center of global offshoring took place: how states like Delaware and Nevada perfected the art of the anonymous shell company, and how post-9/11 reformers watched their success usher in a new flood of illicit finance directly into the U.S.; how African despots and post-Soviet oligarchs came to dominate American coastlines, American industries, and entire cities and small towns across the American Midwest; how Nazi-era lobbyists birthed an entire industry of spin-men whitewashing trans-national crooks and despots, and how dirty money has now begun infiltrating America's universities and think tanks and cultural centers; and how those on the front-line are trying to restore America's legacy of anti-corruption leadershipโ€”and finally end this reign of American kleptocracy.

A Macmillan Audio production from St. Martin's Press

Casey Michel is an author, journalist, and director of the Combating Kleptocracy Program with the Human Rights Foundation. He is the author of American Kleptocracy, named by The Economist as one of the "best books to read to understand financial crime." His writing on offshoring, foreign lobbying, authoritarianism, and illicit wealth has appeared in The New York Times, Financial Times, The Wall Street Journal, The Atlantic, Foreign Affairs, and The Washington Post, among other outlets, and he has appeared on NPR, BBC, CNN, and MSNBC, among other stations. He has also testified in front of the Senate Judiciary Committee on the links between illicit financial networks and national security. He received his Masterโ€™s degree in Russian, Eurasian, and East European Studies from Columbia Universityโ€™s Harriman Institute, and served as a Peace Corps Volunteer in northern Kazakhstan. Foreign Agents is his second book.

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Reviews

"Casey Michel cuts through the spin, to reveal the inner workings of the American economy. His writing has shown again and again the subterfuges and secrecy at the heart of how money moves through the financial system, and does it with panache, wit, and a blessed aversion to jargon. I always read his work, and can't wait to read this one."
โ€”Oliver Bullough, author of the international bestseller Moneyland: The Inside Story of the Crooks and Kleptocrats Who Rule the World

"Casey is the foremost journalistic voice in the fight against kleptocracy. No other individual is so consistently on the case and interested in both the actors and the possible policy responses. His knowledge of the existential danger posed by kleptocracy is bar none, and we rely on his work like no one else to inform policy."
โ€”Paul Massaro, Congressional Policy Advisor, U.S. Helsinki Commission

"An indefatigable young American journalist who has virtually cornered the international kleptocracy beat on the US end of the black aquifer."
โ€”The Los Angeles Review of Books

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