Cover image for Robbing you blind : protecting your money from Wall Street's hidden costs and half-truths : moneymaking strategies for today's investor
Title:
Robbing you blind : protecting your money from Wall Street's hidden costs and half-truths : moneymaking strategies for today's investor
Author:
Dempsey, Mark, 1962-
Personal Author:
Edition:
First edition.
Publication Information:
New York : William Morrow, [2000]

©2000
Physical Description:
xiv, 274 pages ; 25 cm
Language:
English
ISBN:
9780688170349
Format :
Book

Available:*

Library
Call Number
Material Type
Home Location
Status
Central Library HG181 .D364 2000 Adult Non-Fiction Central Closed Stacks
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Summary

Summary

A former stockbroker describes how average investors with moderate amounts of money are treated like second-class citizens by investment firms, while wealthy investors are given discounts, privileges, and opportunities to invest in the most lucrative arrangements. He then offers concrete tips and strategies for everything from shopping for an advisor to selecting investments. Annotation copyrighted by Book News, Inc., Portland, OR


Table of Contents

Prefacep. vii
Part 1 Broken Promises: When Wall Street Does Not Keep Its Word
Chapter 1 Pitching the American Dream to the Middle Classp. 3
Chapter 2 Rich Man, Poor Man: The Haves and Have-Nots of Wall Street--Whom Does Wall Street Care About?p. 23
Chapter 3 The Power of Information: The Rich See the Light and the Middle Class Is Kept in the Darkp. 52
Part 2 Selling the American Dream: What Wall Street Wants You to Buy but Doesn't Want You to Know
Chapter 4 Salespeople, Sales Training, and Sales Contests: How Wall Street Does Businessp. 73
Chapter 5 Going Undercover: In Search of a Financial Advisorp. 89
Chapter 6 Discount Brokers and Day Traders: Dirty Deeds Done Often and Cheapp. 115
Chapter 7 Mutual Fund Mayhem: Hidden Truths and Hidden Feesp. 130
Chapter 8 Initial Public Offerings: A World of Payoffs, Privileges, and Penaltiesp. 151
Chapter 9 Retirement, Savings, and Your 401(k)p. 166
Part 3 Getting Smart About Wall Street
Chapter 10 Asleep on the Job: Regulatory Agencies and Other Industry Watchdogsp. 185
Chapter 11 Settling Disputes Wall Street's Way: High-Powered Lawyers and Sleeping Solomons vs. the Investorp. 197
Chapter 12 Journalists: The Oft-Misinformed Oracles of Delphip. 214
Chapter 13 Investment Experts: The Pied Pipers of Wall Streetp. 229
Chapter 14 What Every Investor Needs to Know: Expert Redefinedp. 240
Acknowledgmentsp. 251
Notesp. 253
Bibliographyp. 261
Indexp. 265

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