The Fortune Tellers
Inside Wall Street's Game of Money, Media, and Manipulation
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The Fortune Tellers
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Narrated by:
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Howard Kurtz
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By:
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Howard Kurtz
About this listen
New York Times best selling author Howard Kurtz turns his skeptical eye on the business-media revolution that has transformed the American economy. He uncovers the backstage pressures at television shows like CNBC's Squawk Box and CNN's Moneyline and at Internet start-ups like TheStreet.com and JagNotes, real-time operations in the very arena where fortunes are made and lost with stunning swiftness.
No one has ever reported from inside the Wall Street media machine or laid bare the bitter feuds, cozy friendships, and whispered leaks that move the markets. In a time of head-spinning volatility, The Fortune Tellers is essential audio listening for all of us who gamble our savings in today's overheated stock market.
©2000 Howard Kurtz, All Rights Reserved (P)2000 Simon & Schuster, Inc., All Rights ReservedListeners also enjoyed...
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-
Story4.5 out of 5 stars 48
They were a band of outsiders unable to get jobs with New York's gilded financial establishment. They would go on to corner the world's multitrillion-dollar oil market, reaping unimaginable riches while bringing the economy to its knees. Meet the self-anointed kings of the New York Mercantile Exchange. In some ways, they are everything you would expect them to be: a secretive, members-only club of men and women who live lavish lifestyles; cavort with politicians, strippers, and celebrities; and blissfully jacked up oil prices to nearly $150 a barrel while profiting off the misery of the working class.
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4 out of 5 stars
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A far better book than its come-on implies
- By Philo on 01-05-14
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Conspiracy of Fools
- A True Story
- By: Kurt Eichenwald
- Narrated by: Robertson Dean
- Length: 30 hrs and 26 mins
- Unabridged
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Overall4.5 out of 5 stars 1,530
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Performance4.5 out of 5 stars 1,114
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Story4.5 out of 5 stars 1,106
Say the name 'Enron' and most people believe they've heard all about the story that imperiled a presidency, destroyed a marketplace, and changed Washington and Wall Street forever. But in the hands of Kurt Eichenwald, the players we think we know and the business practices we think have been exposed are transformed into entirely new, and entirely gripping, material.
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5 out of 5 stars
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Great Story
- By Adam M Pokorski on 06-06-06
By: Kurt Eichenwald
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The Lost Bank
- The Story of Washington Mutual - The Biggest Bank Failure in American History
- By: Kirsten Grind
- Narrated by: Traber Burns
- Length: 14 hrs and 7 mins
- Unabridged
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Overall4.5 out of 5 stars 563
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Performance4.5 out of 5 stars 482
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Story4.5 out of 5 stars 482
During the most dizzying days of the financial crisis, Washington Mutual, a bank with hundreds of billions of dollars in its coffers, suffered a crippling bank run. The story of its final, brutal collapse in the autumn of 2008, and its controversial sale to JPMorgan Chase, is an astonishing account of how one bank lost itself to greed and mismanagement, and how the entire financial industry - and even the entire country - lost its way as well. Kirsten Grind’s The Lost Bank is a magisterial and gripping account of these events.
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5 out of 5 stars
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Sad and Angry by Turn
- By Johnnie Walker on 07-24-12
By: Kirsten Grind
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The Greatest Trade Ever
- The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History
- By: Gregory Zuckerman
- Narrated by: Marc Cashman
- Length: 11 hrs and 40 mins
- Unabridged
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Overall4.5 out of 5 stars 806
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Performance4.5 out of 5 stars 510
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Story4.5 out of 5 stars 510
In 2006, hedge fund manager John Paulson realized something few others suspected - that the housing market and the value of subprime mortgages were grossly inflated and headed for a major fall. Paulson's background was in mergers and acquisitions, however, and he knew little about real estate or how to wager against housing. He had spent a career as an also-ran on Wall Street. But Paulson was convinced this was his chance to make his mark. He just wasn't sure how to do it. Colleagues at investment banks scoffed at him and investors dismissed him.
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3 out of 5 stars
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Better Books Now Available
- By David on 05-02-11
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DisneyWar
- By: James B. Stewart
- Narrated by: Patrick Lawlor
- Length: 25 hrs and 40 mins
- Unabridged
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Overall4.5 out of 5 stars 1,195
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Performance4.5 out of 5 stars 1,054
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Story4.5 out of 5 stars 1,046
DisneyWar is an enthralling tale of one of America's most powerful media and entertainment companies, the people who control it, and those trying to overthrow them. It tells a story that - in its sudden twists, vivid, larger-than-life characters, and thrilling climax - might itself have been the subject of a Disney classic - except that it's all true.
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4 out of 5 stars
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Really interesting story... No ending.
- By rotinaj on 12-18-17
By: James B. Stewart
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All the Rave
- The Rise and Fall of Shawn Fanning’s Napster
- By: Joseph Menn
- Narrated by: John Rubinstein
- Length: 13 hrs and 59 mins
- Unabridged
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Overall4 out of 5 stars 108
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Performance4 out of 5 stars 95
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Story4 out of 5 stars 94
The definitive inside account of the file-sharing revolution that overthrew the music industry, All the Rave reveals the family betrayal, greed, and mismanagement that hijacked one the most fundamental innovations of the Internet era. Named one of the three best books of 2003 by Investigative Reporters and Editors Inc., All the Rave has been out of print until now and unavailable in most formats. Author and veteran technology journalist Joseph Menn also wrote 2010's Fatal System Error: The Hunt for the New Crime Lords who are Bringing Down the Internet.
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5 out of 5 stars
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The Far-reaching Karma of Napster
- By Susie on 04-29-13
By: Joseph Menn
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Dethroning the King
- The Hostile Takeover of Anheuser-Busch, an American Icon
- By: Julie MacIntosh
- Narrated by: Joyce Bean
- Length: 12 hrs and 57 mins
- Unabridged
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Overall4.5 out of 5 stars 170
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Performance4 out of 5 stars 143
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Story4.5 out of 5 stars 143
How did InBev, a Belgian company controlled by Brazilians, take over one of America's most beloved brands after barely a whimper of a fight? With timing - and some unexpected help from powerful members of the Busch dynasty, the very family that had run the company for more than a century. From the very heart of America's heartland to the European continent to Brazil, Dethroning the King is the ultimate corporate caper and a fascinating case study that's both wide-reaching and profound.
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3 out of 5 stars
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Good Story but Narration Can be Annoying
- By Ken on 10-21-11
By: Julie MacIntosh
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The Money Culture
- By: Michael Lewis
- Narrated by: Alexander Cendese
- Length: 6 hrs and 52 mins
- Unabridged
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Overall4 out of 5 stars 300
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Performance4 out of 5 stars 232
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Story4 out of 5 stars 234
The 1980s was the most outrageous and turbulent era in the financial market since the crash of ’29, not only on Wall Street but around the world. Michael Lewis, as a trainee at Salomon Brothers in New York and as an investment banker and later financial journalist, was uniquely positioned to chronicle the ambition and folly that fueled the decade. In these trenchant, often hilarious true tales we meet the colorful movers and shakers who commanded the headlines and rewrote the rules.
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3 out of 5 stars
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Not the normal great Michael Lewis
- By Me on 05-12-12
By: Michael Lewis
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A First-Class Catastrophe
- The Road to Black Monday, the Worst Day in Wall Street History
- By: Diana B. Henriques
- Narrated by: Gabra Zackman
- Length: 9 hrs and 43 mins
- Unabridged
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Overall4 out of 5 stars 53
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Performance4 out of 5 stars 49
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Story4 out of 5 stars 49
Monday, October 19, 1987, was by far the worst day in Wall Street history. The market fell 22.6% - almost twice as bad as the worst day of 1929 - equal to a one-day loss of nearly 5,000 points today. Black Monday was more than seven years in the making and threatened nearly every US financial institution. Drawing on superlative archival research and dozens of original interviews, Diana B. Henriques weaves a tale of missed opportunities, market delusions, and destructive actions.
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5 out of 5 stars
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Financial History Rhymes
- By David Larson on 10-07-17
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Good for the Money
- My Fight to Pay Back America
- By: Bob Benmosche
- Narrated by: Sean Pratt
- Length: 9 hrs and 33 mins
- Unabridged
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Overall4.5 out of 5 stars 70
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Performance5 out of 5 stars 65
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Story4.5 out of 5 stars 64
In 2009, at the peak of the financial crisis, AIG - the American insurance behemoth - was sinking fast. It was the peg upon which the nation hung its ire and resentment during the financial crisis: the pinnacle of Wall Street arrogance and greed. When Bob Benmosche climbed aboard as CEO, it was widely assumed that he would go down with his ship. In mere months, he turned things around, pulling AIG from the brink of financial collapse and restoring its profitability.
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4 out of 5 stars
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Worthwhile, informative, and just short of inspiring
- By Preston on 11-17-21
By: Bob Benmosche
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Alibaba's World
- How a Remarkable Chinese Company Is Changing the Face of Global Business
- By: Porter Erisman
- Narrated by: George Newbern
- Length: 6 hrs and 5 mins
- Unabridged
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Overall4.5 out of 5 stars 496
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Performance4.5 out of 5 stars 433
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Story4.5 out of 5 stars 434
In September 2014, a Chinese company that most Americans had never heard of held the largest IPO in history - bigger than Google, Facebook, and Twitter combined. Alibaba, now the world's largest ecommerce company, mostly escaped Western notice for over 10 years, while building a customer base larger than Amazon's and handling the bulk of ecommerce transactions in China. How did it happen? And what was it like to be along for such a revolutionary ride?
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3 out of 5 stars
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Not bad
- By Daniel on 09-12-15
By: Porter Erisman
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When Genius Failed
- The Rise and Fall of Long-Term Capital Management
- By: Roger Lowenstein
- Narrated by: Roger Lowenstein
- Length: 9 hrs and 12 mins
- Abridged
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Overall4.5 out of 5 stars 2,448
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Performance4.5 out of 5 stars 1,748
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Story4.5 out of 5 stars 1,741
Roger Lowenstein, the bestselling author of Buffett, captures Long-Term's roller-coaster ride in gripping detail. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein crafts a story that reads like a first-rate thriller from beginning to end. He explains not just how the fund made and lost its money, but what it was about the personalities of Long-Term's partners, the arrogance of their mathematical certainties, and the late-nineties culture of Wall Street that made it all possible.
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1 out of 5 stars
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When Genius Failed
- By Sean on 12-17-08
By: Roger Lowenstein
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The King of Content
- Sumner Redstone’s Battle for Viacom, CBS, and Everlasting Control of His Media Empire
- By: Keach Hagey
- Narrated by: Gabra Zackman
- Length: 10 hrs and 51 mins
- Unabridged
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Overall4 out of 5 stars 68
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Performance4.5 out of 5 stars 59
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Story4.5 out of 5 stars 59
Sumner Murray Redstone, once feared as the “mad genius” of media who would dump his CEOs for mere wobbles in his companies’ stock price, had built one of the world’s greatest media empires through a series of audacious takeovers constructed to ensure that he always maintained control. Today he controls 80 percent of the voting shares of both Viacom and CBS, meaning that on a whim he could replace the entire boards of two public companies with a combined value of $40 billion.
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2 out of 5 stars
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Feels biased. Well researched, but not engaging.
- By Anonymous User on 04-03-19
By: Keach Hagey
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Losing the Signal
- The Untold Story Behind the Extraordinary Rise and Spectacular Fall of BlackBerry
- By: Jacquie McNish, Sean Silcoff
- Narrated by: William Hughes
- Length: 11 hrs and 29 mins
- Unabridged
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Overall4.5 out of 5 stars 874
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Performance4.5 out of 5 stars 759
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Story4.5 out of 5 stars 758
Losing the Signal is a riveting story of a company that toppled global giants before succumbing to the ruthlessly competitive forces of Silicon Valley. This is not a conventional tale of modern business failure by fraud and greed. The rise and fall of BlackBerry reveals the dangerous speed at which innovators race along the information superhighway.
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5 out of 5 stars
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Fascinating
- By Gerardo A Dada on 09-05-15
By: Jacquie McNish, and others
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Tap Dancing to Work
- Warren Buffett on Practically Everything, 1966–2012: A Fortune Magazine Book
- By: Carol J. Loomis
- Narrated by: Susan Boyce, Barry Press
- Length: 17 hrs and 38 mins
- Unabridged
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Overall4.5 out of 5 stars 296
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Performance4.5 out of 5 stars 246
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Story4.5 out of 5 stars 247
When Carol Loomis first mentioned a little-known Omaha hedge-fund manager in a 1966 Fortune article, she didn’t dream that Warren Buffett would one day be considered the world’s greatest investor - nor that she and Buffett would become close personal friends. Now Loomis has collected and updated the best Buffett articles Fortune published between 1966 and 2012, including thirteen cover stories and a dozen pieces authored by Buffett himself. Loomis has provided commentary about each major article that supplies context and her own informed point of view.
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2 out of 5 stars
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A collection of finance articles - not a biography
- By Gerardo A Dada on 08-23-13
By: Carol J. Loomis
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Frenemies
- The Epic Disruption of the Ad Business (And Everything Else)
- By: Ken Auletta
- Narrated by: Jonathan Todd Ross
- Length: 12 hrs and 3 mins
- Unabridged
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Overall4 out of 5 stars 123
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Performance4.5 out of 5 stars 106
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Story4 out of 5 stars 108
An intimate and profound reckoning with the changes buffeting the $2 trillion global advertising and marketing business from the perspective of its most powerful players, by the best-selling author of Googled. Advertising and marketing touches on every corner of our lives, and is the invisible fuel powering almost all media. Complain about it though we might, without it the world would be a darker place. And of all the industries wracked by change in the digital age, few have been turned on its head as dramatically as this one has.
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4 out of 5 stars
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Good; not for beginners
- By DV on 10-05-18
By: Ken Auletta
What listeners say about The Fortune Tellers
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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Overall4 out of 5 stars
- John
- 04-06-04
The drama of wall street
Very informative about the behind the scenes activities driving the business of informing the public about business. Entertaining and dramatic. If you want to know how to invest this isn't for you. If you want a look at what is behind the curtains at some of the major players on Wall Street then read on.
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Overall5 out of 5 stars
- Randall
- 08-12-05
A truly entertaining listen and well done.
Jim Cramer currently known for his wild antics of Mad Money is highlighted in this collection of highly charged stories woven together in this captivating narration. Cramer is resurrected from the bowls of poverty to the precipice of stock stardom and a central character in this drama. This compilation has an edge of artful drama, enough cold blooded back stabbing to compete with any daytime soap. Hear either enlightenment or entertainment, depending on your level of gullibility.
The cast of characters include the morning stock talk host anchors and underling reporters that try to turn our heads each day as we watch and listen for tidbits of advice rather than study and do our own due diligence. Also in the parade of carnival barkers are the analysts who rise and fall from grace. Are we to believe in the fortune tellers or are they just performance artists tapped by the "Producers" on Wall Street to rumor monger and hype stories heard on the street. They peddle to the Stock Addicts a daily fix of so called breaking news from the floor, conflicting advice, numbingly repetitious reports and hypnotic tag music to hold us between commercials to get the next fix. The fortune tellers are also captives of their own performances and over time they have come to actually believe they have the power to move markets. They are the Muse and are convinced we blindly follow as THEY lead US. If you are a novice to the trading community, hopefully your veil will be lifted in this narration. At the end of the day, who or what do you believe? After all, we are the market and nobody really knows anything.
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4 people found this helpful