E. Henry Schoenberger

E. Henry Schoenberger is a Cleveland entrepreneur, financial specialist, writer and author.

E. Henry Schoenberger graduated from Miami University in Oxford, Ohio with a degree in English and Economics. His new book - How We Got Swindled By Wall Street Godfathers, Greed & Financial Darwinism ~ The 30-War Against The American Dream is not the book of a professor to impress scholarly colleagues, or the book of a businessman impressed by his own ego. But the book of a whistle-blower and thinker, with an ingrained concern for the public good. Swindled was written to inform Americans that the root cause of this depression and vast chasm of economic inequality is the return of Social Darwinism which has metastasized into Financial Darwinism. David Satterfield, 2 times Pulitzer Prize-winner and former business editor of the Miami Herald, wrote the foreword. And in his endorsement said: “With keen intellect and searing wit…How We Got Swindled should be must-reading for every policy maker in Washington and every student of economics and finance.”

Schoenberger has served in a variety of roles in the financial world. In 1968 he was among the earliest financial planners in the US. He provided testimony to Senate Finance for TRA 86, at the request of George Mitchell, Senate Majority leader. He has specialized in succession planning for individuals and closely-held companies, and investment advice for over four decades; as a general agent in the insurance and as an NASD Member Firm broker-dealer specializing in real estate private placements. He has been a consultant to national real estate sponsors and small business owners. Concurrently he participated in investment banking – raising equity for venture capital start-ups, and stepped in as the CEO to save a distillation company from the original founder.

In 1990, his first book - Invest for Success, How To Avoid Getting Ripped off by Real Estate Partnerships, the Stock Market and Diversification – was a national critical success that armed readers with questions to ask to elicit answers no one volunteers; and warned about the distinction between financial investment and real investment. When invited by an officer of Miami University to speak to honor finance students, the Chairman of the department said: “Invest for Success” was “the equivalent of a PhD thesis published as a trade book.” Schoenberger has authored articles in professional journals and mainstream publications.

From 45 years of tax related specialization; and from 25 years of giving his CPE course to CPAs, Bank Trust Officers and Attorneys – he knows what so many do not know about tax law. He understands how Congress has used our tax code to conduct Social Engineering - which too often means tax benefits for special interests.

As a poet-philosopher and pragmatic objective realist his eclectic point of view combines a penetrating understanding of human needs with economic realities. Unlike numerous PhDs in economics, he has successfully lived on the inside of what he writes about, and explains why Economics is based on philosophy, not math. A lifelong pragmatic practitioner of economics as well as political junkie (dating from the day his father gave him an “I like Ike” button) he writes about how supply-side trickle-down, laissez-faire maximize profits no matter what economic notions (so-called theories) are ruses used by Wall Street to foster and enable sociopathic greed.

Convinced from the end of the 80s that Financial Darwinism was a growing cancer on the soul of our economy and society - his 1989 warning letters to Congress and his 1987 Financial Darwinism outline from his CPE courses have been included in Swindled’s appendixes.