The 86 Biggest Lies on Wall Street exposes the lies and then exposes us to the truth of what it will take to rebuild our economy. As a former investment banker at Goldman Sachs, John R. Talbott knows firsthand how the financial system operates and how to fix it. As the "oracle" who predicted the housing crisis in his 2003 book, The Coming Housing Crisis, and called the election for Obama when the senator from Illinois was still the underdog (Obamanomics), Talbott's revelations about how Wall Street really works are as clear-eyed and undeniable as his predictions and recommendations for our economic future are tough, sensible, and exciting. We may ignore them at our peril.
I have a listened to 50 business / finacial books this year and this is the first one I have not finished.
He is anti-capitalism, pro-government to nausea.
5 of 6 people found this review helpful
An eye-opening book giving readers a good understanding of the deep-rooted corruption controlling government and Wall Street.
2 of 2 people found this review helpful
Didn't even finish the book. wish I could get refund. Research your own answers to theses "lies", the author does not give accurate information.
Makes some good points, but goes off the deep end half the time. I should have looked at the publishing date, and wonder if his ideas have changed since.
It has opened my eye and some to the way the super rich are pulling the strings of society to line their own pockets with mega Riches