Wall Street versus America
Subtitle: the rampant greed and dishonesty that imperil your investments
By: Gary Weiss.
Publisher: Portfolio
Published: 2006
Place of publication: New York
Language: eng
Number of pages: 290
ISBN-13: 9781591840947
Subjects: New York Stock Exchange; Securities fraud -- United States; Securities industry -- United States
Description: For several years high-profile corporate wrongdoers have been vilified by the media. Yet the problem, according to investigative journalist 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. 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 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.--From publisher description.
Notes: Includes index.

Includes bibliographical references and index.