A Capitalist's Lament: How Wall Street Is Fleecing You and Ruining America (Hardcover)
How Wall Street Is Fleecing You and Ruining America
Skyhorse Publishing, 9781510713628, 260pp.
Publication Date: October 11, 2016
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.
About the Author
Leland Faust has been in financial investment for nearly four decades, managing money for business executives, entertainers, and athletes. He founded CSI Capital Management in 1978 and managed a mutual fund which outperformed almost all of Wall Street. He has been profiled in the New York Times, Barron's, Sporting News, San Francisco Chronicle, San Francisco Examiner, Sports Illustrated, The Wall Street Journal, and others. He has frequently appeared on the major network affiliates and on the financial cable networks. Faust lives in San Francisco, California.