Take on the StreetTake on the Street
What Wall Street and Corporate America Don't Want You to Know
Title rated 0 out of 5 stars, based on 0 ratings(0 ratings)
Audiobook CD, 2002
Current format, Audiobook CD, 2002, , Available by request.Audiobook CD, 2002
Current format, Audiobook CD, 2002, , Available by request. Offered in 0 more formatsInvestors today are being fed lies and distortions, are being exploited and neglected. In the wake of the last decade's rush to invest by millions of households and Wall Street's obsession with short-term performance, a culture of gamesmanship has grown among corporate management, financial analysts, brokers, and fund managers, making it hard to tell financial fantasy from reality, salesmanship from honest advice. In Take on the Street, Arthur Levitt--former chairman of the Securities and Exchange Commission--shows how you can take matters into your own hands. At once anecdotal (names are named), informative, and prescriptive, Take on the Street expounds on, among other subjects: the relationship between broker compensation and your trading account; the conflicts of interest inherent in buy-hold-or-sell recommendations of analysts; what exactly happens--and who gets a piece of the action--when you place an order; the "seven deadly sins" of mutual funds; the vagaries and vicissitudes of 401(k) investments; how accountants engage in sleight of hand to fake impressive company performance; how to find the truth in a company's financial statements; the real reason for the Street's hostility to full disclosure; the crisis in corporate governance, and, given these shenanigans and double-dealings, what specific steps you can take to safeguard your financial future. With integrity and authority, Levitt gives us a bracing primer on the collapse of the system for overseeing our capital markets, and sage, essential advice on a discipline we often ignore to our peril--how not to lose money. From the Hardcover edition.
Title availability
Find this title on
Search MOBIUS for this itemAbout
Contributors
Subject and genre
Details
Publication
- New York : Random House Audio, [2002], ℗2002
Opinion
More from the community
Community lists featuring this title
There are no community lists featuring this title
Community contributions
Community quotations are the opinions of contributing users. These quotations do not represent the opinions of Tulsa City-County Library.
There are no quotations from this title
Community quotations are the opinions of contributing users. These quotations do not represent the opinions of Tulsa City-County Library.
There are no quotations from this title
From the community