A Capitalist's Lament: How Wall Street Is Fleecing You and Ruining America

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A Capitalist's Lament: How Wall Street Is Fleecing You and Ruining America

A Capitalist's Lament: How Wall Street Is Fleecing You and Ruining America

2018-02-20 A Capitalist's Lament: How Wall Street Is Fleecing You and Ruining America

Description

Leland Faust unmasks Wall Street's unsavory tactics in powerful detail by giving listeners a high-level view of how the financial services industry misleads them, overcharges them, and exposes them to needless risk. 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 and puts us all at great risk. A Capitalist's Lament is about what happens when financial firms and their employees forget whose interest they are supposed to protect. Here is what you need to know to protect yourself from "business as usual" and get ahead - instead of getting taken.. 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 by the most prominent and renowned of Wall Street's players

A Timely Broadside That Rakes Wall Street Marcus Tullius Wardo In an election year in which educated Americans must be bemoaning that this was not what the Founding Fathers had in mind when our political system was created, Leland Faust gives us a book to explain how Wall Street is not functioning in a way that Adam Smith had in mind when he wrote of the invisible hand and The Wealth of Nations. Certainly after the economic meltdown of 2008 -- and the sickening decision of the U.S. government to bail out malefactors like G. I was not disappointed! I could not put it down Jay G. As a person with a keen interest in the stock market I could not wait to read this book to enhance my knowledge of Wall Street. I was not disappointed! I could not put it down. It reads better than many of the fiction novels I have read and exposes key issues and problems with Wall Street which makes one much more skeptical of what investors hear from the media and the Street on a day in, day out basis. I have always felt much of the hype and recommendations es. "Sane Wall Street Insider Tells All" according to David I. Diamond. If you think you already know all of Wall Street’s dirty tricks you’ll be amazed at how much more you will learn by reading Leland Faust’s A Capitalist’s Lament, a book that will grow in importance as America faces a new administration and uncertain prospects for the regulation of financial services. Faust’s meticulously researched book goes well beyond the moral corruption and manipulation exposed following the Great Recession to