Take on the Street: What Wall Street and Corporate America Don’t Want You to Know and How You Can Fight Back Audiobook (Free)

Traders today are being fed lays and distortions, are getting exploited and neglected. In the wake from the last decade’s rush to get by millions of households and Wall structure Street’s obsession with short-term functionality, a tradition of gamesmanship has grown among corporate management, financial analysts, agents, and account managers, rendering it hard to inform financial dream from truth, salesmanship from honest advice.

In Undertake the Street, Arthur Levitt-former chairman from the Securities and about Undertake the Street: What Wall Street and Corporate America Don’t Want You to Know and WAYS TO Fight Back Exchange Commission-shows ways to take matters into your own hands. Simultaneously anecdotal (brands are named), beneficial, and prescriptive, Take on the road expounds on, among additional subjects: the partnership between broker compensation as well as your trading account; the conflicts of interest inherent in buy-hold-or-sell recommendations of analysts; just what happens-and who gets a piece of the action-when you place an purchase; the “seven fatal sins” of shared money; the vagaries and vicissitudes of 401(k) ventures; how accountants engage in sleight of hands to fake impressive company performance; how to find the truth in a company’s monetary statements; the true reason behind the Street’s hostility to full disclosure; the problems in commercial governance, and, provided these shenanigans and double-dealings, what specific steps you can take to safeguard your economic future.

With integrity and authority, Levitt gives us a bracing primer in the collapse of the machine for overseeing our capital marketplaces, and sage, important advice on the discipline we often ignore to our peril-how never to lose money.