Take on the Street

  • by Arthur Levitt, Paula Dwyer
  • Narrated by Scott Brick
  • 13 hrs and 2 mins
  • Unabridged Audiobook

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.


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)


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Customer Reviews

Most Helpful

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.
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- Mr. M Metwally

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.
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Book Details

  • Release Date: 08-05-2004
  • Publisher: Books on Tape