Wall Street Versus America: A Muckraking Look at the Thieves, Fakers, and Charlatans Who Are Ripping You Off

Wall Street Versus America: A Muckraking Look at the Thieves, Fakers, and Charlatans Who Are Ripping You Off

by Gary Weiss
     
 

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A shocking appraisal that shows how Wall Street is intrinsically corrupt—and what individual investors can do to protect themselves

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

Overview

A shocking appraisal that shows how Wall Street is intrinsically corrupt—and what individual investors can do to protect themselves

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 corruption—practices 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 top—if 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.

Editorial Reviews

New York Post
Witty, readable, and hunts big game.
Barron's
With lethal intent, Weiss's new book unleashes a nuclear blast across the spectrum of financial finagling.
Houston Chronicle
Gary Weiss has written a book that strips away the gloss and glamour of the stock world and reveals the sometimes sordid details...Wall Street Versus America is erudite and savagely funny.
New York Times
His arguments are hotheaded — as in, ‘by the way, be sure to stick the word "allegedly" into every sentence of the preceding paragraph'— but highly illuminating.

Product Details

ISBN-13:
9781591841630
Publisher:
Penguin Publishing Group
Publication date:
05/29/2007
Edition description:
Reprint
Pages:
320
Product dimensions:
5.52(w) x 8.48(h) x 0.88(d)
Age Range:
18 - 17 Years

Meet the Author

Gary Weis is the author of Born to Steal: When the Mafia Hit Wall Street. He is an award-winning investigative journalist known for the hard-hitting cover stories he wrote during his many years at BusinessWeek, on subjects from microcap fraud to manipulation of Treasury securities by Salomon Brothers.

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