Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    From $11.99/month after trial. Cancel anytime.

    Summary of Casey Michel's American Kleptocracy
    Summary of Casey Michel's American Kleptocracy
    Summary of Casey Michel's American Kleptocracy
    Ebook45 pages30 minutes

    Summary of Casey Michel's American Kleptocracy

    By IRB Media

    ()

    Read preview

    About this ebook

    Please note: This is a companion version & not the original book. Book Preview:

    #1 Equatorial Guinea gained its independence in 1968, and was ruled by a dictator named Francisco Macias Nguema. His regime was brutal, and he allegedly killed his main electoral opponent. Teodorin’s father, Teodoro Obiang Nguema Mbasogo, was in charge of the National Guard and Black Beach prison, and he was tasked with torturing any dissidents.

    #2 Obiang’s regime is one of the most brutal in the world, and yet it has been able to stay in power because of oil. The country’s media freedoms are ranked worse than Somalia and Kazakhstan, and its people live in abject poverty.

    #3 Teodorin, Obiang’s son, enjoyed the celebrity lifestyle that came with being a rich young man in the 1990s. He dropped out of Pepperdine University and flew back to Equatorial Guinea, where his father had an assignment for him.

    #4 Obiang wanted his son to become Equatorial Guinea’s newest Minister of Forestry. Teodorin knew nothing about forestry management, but he was willing to learn. He was only too happy to oblige, and he proved he could run the portfolio as effectively as his father expected.

    LanguageEnglish
    PublisherIRB Media
    Release dateMay 18, 2022
    ISBN9798822520950
    Summary of Casey Michel's American Kleptocracy
    Author

    IRB Media

    With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

    Read more from Irb Media

    Related to Summary of Casey Michel's American Kleptocracy

    Related ebooks

    Social Science For You

    View More
    View More

    Related podcast episodes

    Related articles

    • UNLIMITED

      Keeping Up With The Joneses

      Nov 6, 2017

      Keeping Up With The Joneses
      8 min read

    • UNLIMITED

      The Looming Bank Collapse

      Jun 10, 2020

      The Looming Bank Collapse
      14 min read

    • UNLIMITED

      Chipotle Eats Itself

      Oct 17, 2016

      Chipotle Eats Itself
      5 min read

    • UNLIMITED

      Charitable Giving Under the New Tax Law

      Mar 8, 2018

      The chance to get a deduction for their generosity often motivates charitable givers to become even more generous and write larger checks. But under the Tax Cuts and Jobs Act, far fewer taxpayers will itemize deductions when they file their tax retur

      9 min read

    • UNLIMITED

      The Hidden Life of Viruses

      May 13, 2020

      If there is one thing that the coronavirus pandemic has exposed, it is that there is much that we still don’t know about the world around us. Forget about the trillions—OK, more than trillions—of galaxies in the universe that we’ll never explore. Jus

      5 min read

    • UNLIMITED

      Is Tribalism a Natural Malfunction?

      Aug 22, 2019

      From an office at Carnegie Mellon, my colleague John Miller and I had evolved a computer program with a taste for genocide. This was certainly not our intent. We were not scholars of race, or war. We were interested in the emergence of primitive coop

      7 min read

    • UNLIMITED

      Shape Shifter

      Jun 16, 2021

      Shape Shifter
      24 min read

    • UNLIMITED

      Learning The Wrong Lessons

      May 14, 2021

      The lesson that many investors take from the success of David Swensen (see right) is that they can improve their returns by ditching traditional stocks and bonds for alternative investments (see below). Nothing is further from the truth. Plenty of en

      1 min read

    • UNLIMITED

      Confessions Of A Money Man

      Feb 7, 2020

      Confessions Of A Money Man
      3 min read

    • UNLIMITED

      Why Biden Still Seeks Two-state Solution To Israeli-Palestinian Conflict

      Dec 7, 2023

      The contrast is jarring: between an inexorably escalating war in Gaza, and the almost mantralike declarations by U.S. President Joe Biden and other world leaders promoting their diplomatic vision of a postwar Middle East. Especially since that vision

      3 min read

    • UNLIMITED

      How To Be The Best Mum And Dad Bank

      Jun 30, 2022

      The bank of mum and dad is said to now be the largest bank in NZ with many first home buyers turning to their parents to help them get onto the property ladder. There are many ways to approach the dilemma of how best to respond to the pressure of hel

      3 min read

    • UNLIMITED

      Generation-Skipping Transfer Tax Basics

      Oct 22, 2021

      If you have ever sought the advice of an estate planning professional, you’ve probably heard of the generation-skipping transfer tax (GSTT). It is likely that you and your descendants will not be subjected to this tax — either due to the $11.7 millio

      4 min read

    • UNLIMITED

      Native American Dollar Up Next

      Jan 28, 2022

      The 2022 Native American dollar will become available to collectors in rolls, boxes and bags on Feb. 9, marking the third program release of the year after the Negro Leagues Baseball commemorative coins went on sale Jan. 6 and the Maya Angelou Americ

      1 min read

    • UNLIMITED

      The End Of “Germanophilia”

      Aug 11, 2023

      thecritic.co.uk In recent years a certain “liberal Germanophilia” has taken hold in Britain, says Samuel Rubinstein. The conviction that Germany is a more “serious” and “mature” nation – economically strong, politically stable, and with a “moral pro

      1 min read

    • UNLIMITED

      Hayek: A Life, 1899–1950

      Feb 2, 2024

      By Bruce Caldwell and Hansjoerg Klausinger Chicago: University of Chicago Press, 2022. Pp. vi, 804. $50 hardcover. Biographies of economists are still rare, especially compared with monographs about them. For F. A. Hayek we could already rely on Cald

      12 min read

    • UNLIMITED

      The Art Of The Con

      May 23, 2019

      The Art Of The Con
      8 min read

    • UNLIMITED

      Line Up!

      Oct 24, 2023

      Line Up!
      1 min read

    Related categories

    Reviews for Summary of Casey Michel's American Kleptocracy

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Summary of Casey Michel's American Kleptocracy - IRB Media

      Insights on Casey Michel's American Kleptocracy

      Contents

      Insights from Chapter 1

      Insights from Chapter 2

      Insights from Chapter 3

      Insights from Chapter 4

      Insights from Chapter 1

      #1

      Equatorial Guinea gained its independence in 1968, and was ruled by a dictator named Francisco Macias Nguema. His regime was brutal, and he allegedly killed his main electoral opponent. Teodorin’s father, Teodoro Obiang Nguema Mbasogo, was in charge of the National Guard and Black Beach prison, and he was tasked with torturing any dissidents.

      #2

      Obiang’s regime is one of the most brutal in the world, and yet it has been able to stay in power because of oil. The country’s media freedoms are ranked worse than Somalia and Kazakhstan, and its people live in abject poverty.

      #3

      Teodorin, Obiang’s son, enjoyed the celebrity lifestyle that came with being a rich young man in the 1990s. He dropped out of Pepperdine University and flew back to Equatorial Guinea, where his father had an assignment for him.

      #4

      Obiang wanted his son to become Equatorial Guinea’s newest Minister of Forestry. Teodorin knew nothing about forestry management, but he was willing to learn. He was only too happy to oblige, and he proved he could run the portfolio as effectively as his father expected.

      #5

      Teodorin’s interactions with one company, the Spain-based ABM lumber firm, epitomized his corrupt management style. He would call them to come to his office, where he would keep them waiting for five hours. Then he would tell them how much he wanted them to pay him, and that they had a week to do so.

      #6

      Teodorin began asking around about how to transform his stolen wealth into something more substantial. He began focusing on the Persian Gulf, especially Dubai, where some of the world’s wealthiest people spent their wealth.

      #7

      The world’s greatest financial secrecy tool is an anonymous shell company. These companies can be registered quickly, and they’re often difficult to tell apart from legitimate companies on paper. However, they serve no legitimate purpose and have done more harm than anything else in history.

      #8

      Enjoying the preview?
      Page 1 of 1