Wall Street Versus America: A Muckraking Look at the Thieves, Fakers, and Charlatans Who Are Ripping You Off Paperback - 2007
by Weiss, Gary
- Used
- Paperback
Gary Weiss, one of the business world's most dogged investigative reporters, has written the definitive book about the dark side of Wall Street not just a few bad apples, but the whole rotten barrel.
This is the outrageous, riveting, darkly funny story of what really happens in every corner of the financial system: from Internet tip sites and boiler rooms, to fee-happy mutual funds and hedge funds, to the bluest of blue-chip securities firms. With vivid anecdotes and character studies,Wall Street Versus America will show you how investors are consistently victimized while sleepy regulators, biased arbitrators, and the media all look the other way.
You'll learn, for instance, how respectable institutions such as Bear Stearns and Morgan Stanley push the ethical envelope, and how Washington, under both Democrats and Republicans, simply has not kept up with innovations in Wall Street greed.
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Details
- Title Wall Street Versus America: A Muckraking Look at the Thieves, Fakers, and Charlatans Who Are Ripping You Off
- Author Weiss, Gary
- Binding Paperback
- Edition 1st Printing
- Condition New
- Pages 320
- Volumes 1
- Language ENG
- Publisher Portfolio Trade, U.S.A.
- Date 2007-05-29
- Bookseller's Inventory # NEW1630AP
- ISBN 9781591841630 / 1591841631
- Weight 0.66 lbs (0.30 kg)
- Dimensions 8.46 x 5.56 x 0.86 in (21.49 x 14.12 x 2.18 cm)
- Ages 18 to UP years
- Grade levels 13 - UP
- Dewey Decimal Code 364.163
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Summary
For several years high-profile corporate wrongdoers have been vilified by the media. Yet the problem, according to Gary Weiss, is not just a few isolated instances of malfeasance. The problem is in the very fabric of Wall Street and its practices that enable and even encourage corruptionpractices that are so pervasive and so difficult to combat that they are in effect perfect crimes, with the small investor left holding the bag.
In this blistering report from the front, Weiss describes how the ethos of Mafia chophouses, boiler rooms, and penny stock peddlers now permeates all of Wall Street. Protected from investor lawsuits by laughably corrupt arbitration systems, Wall Street firms are free to fleece unsuspecting clients with little or no risk. But as this empowering book shows, ordinary investors can fight back and come out on topif they learn to recognize warning signs, filter media chatter, and spot looming corporate meltdowns in advance.
Prepare to be surprised, get angry, and then get even. Wall Street Versus America is a wild ride you can’t afford to miss.