An industry insider reveals the inner workings of our financialsystem and the agencies who attempt to control it
During his dozen years as an SEC attorney, author Richard Saueropened and supervised some of its most notable financialcases-investigations that took him to a dozen countries andreturned hundreds of millions of dollars to American investors.While a partner at a major law firm and, later, a hedge fundmanager, he saw firsthand the follies and failures of our system.Now, in Selling America Short, he shares his extraordinaryexperiences with you.
Selling America Short is a gripping chronicle of crookedcompanies, financial philanderers and hapless enforcers toldthrough the eyes of personal experience. Page by page, it shows thedamage wrought by the deep biases and lack of worldly experiencecommon among those who hold the reins of our capital markets.Sheds light on the inner workings of our financial system Takes you on a fascinating journey of a rogue's gallery ofcrooked executives, professional fraud enablers, and squirrellytechnocrats Offers a firsthand account of the many ways contrarian views ofpublic companies are suppressed and punished, depriving the marketof critical information
With the capital markets in turmoil, people are fascinated withwhat is happening on Wall Street. This book provides a unique lookat the forces and events that led directly to financial tragedy andcontinue to wreak havoc.