
Naked, Short and Greedy
Wall Street's Failure to Deliver
Échec de l'ajout au panier.
Échec de l'ajout à la liste d'envies.
Échec de la suppression de la liste d’envies.
Échec du suivi du balado
Ne plus suivre le balado a échoué
3 mois gratuits
Acheter pour 25,00 $
-
Narrateur(s):
-
Dr. Susanne Trimbath
-
Auteur(s):
-
Susanne Trimbath
À propos de cet audio
Rigged financial markets and hopeless under-regulation on Wall Street are not new problems. In this book, Susanne Trimbath gives a sobering account of naked short-selling, the failure to settle, and her efforts over decades trying to get this fixed.
Twenty-five years ago, Trimbath was working “backstage at Wall Street” when a group of corporate trust specialists told her about a problem in shareholder voting rights. When she went to senior management at Depository Trust Company (DTC), then and still the largest securities depository in the world, they brushed it off, saying, “You can’t balance the world”. Ten years later, a lawyer from Texas would tell her that the same problem was about to blow up the financial markets: Wall Street brokers are using short sales and failures to deliver to grab the assets of American entrepreneurs.
This is a cautionary tale. What started as a regulatory failure turned into a regulatory crisis. Shareholder democracy is in shambles. The institutions that were established to correct a problem of trade settlement failures have instead exacerbated the problem. Global financial markets may not survive what comes next.
©2020 Spiramus Press Ltd (P)2022 Spiramus Press LtdBest book on financial markets and regulations
Un problème est survenu. Veuillez réessayer dans quelques minutes.
Fantastic
Un problème est survenu. Veuillez réessayer dans quelques minutes.
THE WORLD DESERVES TO KNOW
Un problème est survenu. Veuillez réessayer dans quelques minutes.
Well written/performed, interesting narrative, good pacing, and eye-opening information.
Very easy to hear the passion for the topic and eagerness to speak on her expertise while refusing to speculate outside of it. Author's credibility is (in my opinion) unquestionable; she states what she knows and openly states what she does not. There is no speculation, only lived experiences and facts.
It is a welcome change to most others who claim to know it all, and offer you breadth with no depth.
DRS your shares.
Well written, intriguing, and eye-opening - DRS
Un problème est survenu. Veuillez réessayer dans quelques minutes.