Take On The Street: How to Fight for Your Financial Future

Arthur Levitt and Paula Dwyer


In Circulation

In Take on the Street, Arthur Levitt--Chairman of the Securities and Exchange Commission for eight years under President Clinton--provides the best kind of insider information: the kind that can help honest, small investors protect themselves from the deliberately confusing ways of Wall Street. At a time when investor confidence in Wall Street and corporate America is at an historic low, when many are seriously questioning whether or not they should continue to invest, Levitt offers the benefits of his own experience, both on Wall Street and as its chief regulator. His straight talk about the ways of stockbrokers (they are salesmen, plain and simple), corporate financial statements (the truth is often hidden), mutual fund managers (remember who they really work for), and other aspects of the business will help to arm everyone with the tools they need to protect—and enhance—their financial future.

What will you learn from this book

  1. Regulatory Challenges: Levitt, a former SEC chairman, likely discusses the challenges faced by regulators in overseeing the financial markets, including issues related to transparency, market manipulation, and enforcement.

  2. Insider Trading: The book might delve into the ethical and legal implications of insider trading and its impact on market integrity and fairness.

  3. Conflicts of Interest: Levitt and Dwyer could explore the prevalence of conflicts of interest in the financial industry and how they affect investors' trust and confidence.

  4. Investor Education: The authors might stress the importance of investor education, empowering individuals to make informed decisions and protect themselves in the complex world of finance.

  5. Market Manipulation: They might discuss various forms of market manipulation, such as pump-and-dump schemes, and the need for robust measures to prevent such practices.

  6. Corporate Governance: The book could address the role of corporate governance in ensuring transparency, accountability, and ethical behavior within companies, especially concerning shareholder interests.

  7. Role of Media: Levitt and Dwyer might emphasize the role of media in shaping public perception, disseminating financial information, and its impact on investor behavior.

  8. The Dot-com Bubble: Given Levitt's tenure during the dot-com era, the book may reflect on the market euphoria, excesses, and subsequent crash, offering insights into lessons learned from this period.

  9. Accounting Practices: The authors could discuss the importance of transparent and reliable accounting practices to prevent financial fraud and misrepresentation.

  10. Call for Reform: Finally, the book might conclude with a call for reform in the financial industry, advocating for measures that enhance fairness, transparency, and investor protection.

Language English
ISBN-10 0-375-71402-2
No of pages 364
Font Size Medium
Book Publisher vintage
Published Date 11 Nov 2003

About Author

Related Books