An insider explains the tricks, half-truths, and outright frauds that happen in the financial industry-and how you can protect yourself. Leland Faust unmasks Wall Street's unsavory tactics in powerful detail with a high-level view of how the financial services industry misleads them, overcharges them, and exposes them to needless risk. He documents the financial industry's alluring come-ons, airbrushed risks, high-stakes gambling, half-truths, misleading statements, outlandish predictions, tricks to overcharge customers, bad deals, and outright fraud, sometimes even by the most prominent and renowned of Wall Street's players. A Capitalist's Lament is about what happens when financial firms and their employees forget whose interest they are supposed to protect. It shows how making foolish or wrong predictions is of no consequence to those who make them-and how Wall Street luminaries with poor track records still garner celebrity status. Most of all, it spotlights how Wall Street manipulates the system and furthers its own interests at its customers' expense, putting us all at great risk. Here is what you need to know to protect yourself from "business as usual" and get ahead-instead of getting taken.
by Christa Faust
by Leland Ryken
by John Leland
by Leland Ferguson
by Christa Faust, Gary Phillips
by Marcia Emery, Leland Kaiser
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