A Capitalists Lament, Leland Faust
A Capitalists Lament, Leland Faust
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A Capitalist's Lament
How Wall Street Is Fleecing You and Ruining America

Author: Leland Faust

Narrator: Jeff Cummings

Unabridged: 8 hr 42 min

Format: Digital Audiobook Download (DRM Protected)

Published: 06/13/2017


Synopsis

Leland Faust unmasks Wall Street’s unsavory tactics in powerful detail by giving readers 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 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 and puts 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.

Reviews

Goodreads review by Kevin on October 29, 2016

I do not know the author, but he seems to be an investment manager of rare integrity and courage. As an investor and great believer in capitalism I enjoyed the book immensely. I've long felt that the greatest threats to capitalism come from capitalists themselves. Capitalism takes advantage of man's......more

Goodreads review by Chris on October 23, 2017

This is a great overview of all the shady and disgusting behaviors of Wall Street. Some of the investing topics covered are a bit beyond my very minimal understanding but the author does a fine job of explaining how all the practices discussed are often hugely damaging to the economy.......more

Goodreads review by Nancy on September 19, 2024

Unquestionably one of the best books I’ve ever read on the workings of Wall Street. Easily digested and written in a conversational tone, which makes it fun to read about a topic that can be pretty dry at times. I learned a lot, got very mad a few times, and plan to check out anything else this auth......more