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    Unavailable
    Take on the Street: What Wall Street and Corporate America Don't Want You to Know and How You Can Fight Back
    Unavailable
    Take on the Street: What Wall Street and Corporate America Don't Want You to Know and How You Can Fight Back
    Unavailable
    Take on the Street: What Wall Street and Corporate America Don't Want You to Know and How You Can Fight Back
    Audiobook (abridged)6 hours

    Take on the Street: What Wall Street and Corporate America Don't Want You to Know and How You Can Fight Back

    Published by Penguin Random House Audio

    4.5/5

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    Currently unavailable

    Currently unavailable

    About this audiobook

    Investors 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.
    LanguageEnglish
    PublisherPenguin Random House Audio
    Release dateOct 8, 2002
    ISBN9780553756951
    Unavailable
    Take on the Street: What Wall Street and Corporate America Don't Want You to Know and How You Can Fight Back

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    Reviews for Take on the Street

    4.5/5

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    • 4/5
      Heard so much about Arthur Levitt- And finally I read his story. It is an awesome story of making a fair ground for all investors and keeping the firms in check. I love how he is shrewd in pushing and dealing with the firms and interest groups. We need more regulators like Levitt. My respect for Levitt has gone up after reading the book.

      The book is an easy read- I wish it could be shorter but it shows how Levitt matured his thought process and how he fought for the investors- Really awesome book :D