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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.

Critic Reviews

"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 Ratings

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  • 3.3 out of 5.0
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  • Overall

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

  • Overall

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

  • Overall
  • T. Do
  • Los Angeles, Ca - USA
  • 12-20-04

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

  • Overall

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).

  • Overall
  • Raylene
  • Danville, WA, USA
  • 08-30-05

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."

2 of 4 people found this review helpful

  • Overall
  • Performance
  • 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.

1 of 3 people found this review helpful

  • Overall
  • Performance
  • Story

The title is completely wrong

What disappointed you about Take on the Street?

Got the book reading the title. But the front cover has a totally different book.

0 of 1 people found this review helpful

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  • Overall
  • Performance
  • Story
  • lindy
  • 12-04-16

not what i thought about this book

If this book wasn’t for you, who do you think might enjoy it more?

stock trader. this book is written for stock trader not for ordinary readers.

Has Take on the Street put you off other books in this genre?

yes, I will be very careful what I buy in future.

How did the narrator detract from the book?

quite boring

What character would you cut from Take on the Street?

not what I think it is

Any additional comments?

not recommend to others

0 of 1 people found this review helpful