Take on the Street: What Wall Street and Corporate America Don't Want You to Know Audiobook | Arthur Levitt, Paula Dwyer | Audible.com
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Take on the Street: What Wall Street and Corporate America Don't Want You to Know | [Arthur Levitt, Paula Dwyer]

Take on the Street: What Wall Street and Corporate America Don't Want You to Know

Arthur Levitt was the Chairman of the Securities and Exchange Commission. For years, he attempted to regulate accounting firms, corporate reporting, and brokerages, but the political cost was so high that he had to resign. Now, as a free agent, he goes to bat for the common investor and tells it like it is. He tells us how investors today are being fed lies and distortions.
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Publisher's Summary

Arthur Levitt was the Chairman of the Securities and Exchange Commission. For years, he attempted to regulate accounting firms, corporate reporting, and brokerages, but the political cost was so high that he had to resign. Now, as a free agent, he goes to bat for the common investor and tells it like it is. He tells us how investors today are being fed lies and distortions. Wall Street's obsession with short-term performance has resulted in a culture of gamesmanship among corporate managers, financial analysts, brokers, and fund managers. Levitt details the conflicts of interest, the tradition of mutual manipulation between companies and analysts, and the shading of information to fudge statistics and control investor behavior. And then he offers sound advice on how to avoid these perils.

©2002 Arthur Levitt; (P)2002 Books on Tape, Inc.

What the Critics Say

"Should be mandatory...for anyone with a dollar invested in the stock market." (Publishers Weekly)
"Lively and illuminating....Blends backroom revelations of a first-rate political memoir with the no-nonsense advice of a basic investment primer." (The New York Times)

What Members Say

Average Customer Rating

3.2 (44 )
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  •  
    Mr. M Metwally 02-08-05 Listener Since 2003
    HELPFUL VOTES
    71
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    "Excellent eye opener"

    This book is a must hear/read for business leaders, investors, accountants, business students and particularly board directors of any company. The author has carefully written this book to target the widest audience possible...it can be boring for finance professionals in some parts, but the value in most of it is intellectually stimulating even for the pros.

    7 of 7 people found this review helpful
  •  
    JOSHUA HELMAN, M.D. LAKE FOREST, FL USA 03-14-06
    JOSHUA HELMAN, M.D. LAKE FOREST, FL USA 03-14-06 Member Since 2006
    HELPFUL VOTES
    14
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    "Someone Looking out for the Individual Investor"

    Mr. Levitt presents a compelling behind-the-scenes account of his efforts to advocate for the Individual Investor. The fact that he was often forced to compromise this goal, due to politcial pressure, is shocking.

    4 of 4 people found this review helpful
  •  
    Toan West Covina, CA, USA 12-20-04
    Toan West Covina, CA, USA 12-20-04 Member Since 2001
    HELPFUL VOTES
    5
    ratings
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    "Interesting Info but very slow and dry"

    I can't recommend this book although the information is interesting if your interested in investing and financial markets but the tone and pace make it hard to listen to.

    5 of 8 people found this review helpful
  •  
    Emil Bogdanov Rockford, IL USA 07-25-09
    Emil Bogdanov Rockford, IL USA 07-25-09 Member Since 2009
    HELPFUL VOTES
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    "Expected more..."

    I expected more from this book. It tell you about all those things you hear in the media all the time and you can do nothing about anyway (with very few exceptions).

    0 of 0 people found this review helpful
  •  
    Raylene Danville, WA, USA 08-30-05
    Raylene Danville, WA, USA 08-30-05 Member Since 2000
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    "Good info but narration is distracting"

    The content is very good, when I can get past the narration. I'm sure the narrator had the best intentions but, to me, it was non-fiction with "an attitude."

    1 of 3 people found this review helpful
  •  
    Vera Krejcar 12-05-11 Member Since 2005
    HELPFUL VOTES
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    Story
    "Arthur, You should do more golfing"
    What would have made Take on the Street better?

    If Arthur Levitt had different attitude.


    Any additional comments?

    As a very small individual investor, immigrant from communist country, I do not want Arthur to hold my hand. I educate myself, I take risk myself, I take losses, I take gains. Please get out of the way of business, or go live in Russia.

    0 of 2 people found this review helpful
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