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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.
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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)
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Customer Reviews

Most Helpful
5 out of 5 stars
By Mr. M Metwally on 02-08-05

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 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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7 of 7 people found this review helpful

5 out of 5 stars
By JOSHUA HELMAN, M.D. on 03-14-06

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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4 of 4 people found this review helpful

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Customer Reviews

Most Helpful
1 out of 5 stars
By lindy on 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

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0 of 1 people found this review helpful

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