Why Wall Street Always Wins

Jeff Connaughton, the former chief of staff to Sen. Ted Kaufman (D-DE) — who filled Joe Biden’s seat after he became vice president — has written a book on his experience, The Payoff: Why Wall Street Always Wins.

Businessweek says the book “describes in painfully self-deprecating detail how entrenched financial interests and cynical politicians of both parties conspire to oppose attempts to rein in the financial services industry in the wake of the deregulatory policies put in place since the early 1980s. Anyone interested in how Washington works will find The Payoff impossible to put down.”