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The 86 Biggest Lies on Wall Street
How strong was the American economy going into the present crisis? How strong will it be a year from now? How about five years from now? Investors and citizens around the world realize, as never before, that we were misled—lied to—about the stability of our financial system. But what now?
John R. Talbott's ingenious new book, The 86 Biggest Lies on Wall Street, exposes the ...more
John R. Talbott's ingenious new book, The 86 Biggest Lies on Wall Street, exposes the ...more
Hardcover, 256 pages
Published
January 4th 2011
by Seven Stories Press
(first published April 27th 2009)
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The 86 Biggest Lies on Wall Street - John Talbott (Scribner)
February 3, 2010
Oh, we should have listened to John Talbott... Talbott was the one, who in 2003 foretold the coming economic collapse in the real estate market with his book "The Coming Crash in the Housing Market: 10 Things You Can Do Now to Protect Your Most Valuable Investment." Trouble was, as housing prices continued their meteoric rise, nobody listened.
Now Talbott returns with a myt...more
February 3, 2010
Oh, we should have listened to John Talbott... Talbott was the one, who in 2003 foretold the coming economic collapse in the real estate market with his book "The Coming Crash in the Housing Market: 10 Things You Can Do Now to Protect Your Most Valuable Investment." Trouble was, as housing prices continued their meteoric rise, nobody listened.
Now Talbott returns with a myt...more
This is a pretty good book. Talbott is a professed capitalist but argues that the system we now live in is not a capitalist system and that there are so many flaws in the way things are run that a quick recovery is not on the books. I tend to agree. Much of what has been done is a band-aid fix, and we are setting ourselves up for an even bigger fall. While I think that he had some good points, this book comes out more like the author had a chip on his shoulder. The problems that the economy face...more
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John Talbott is an economic consultant who has authored academic papers on economic growth and development and made presentations on the subject to the governments of Russia, Jordan, and Qatar. A visiting scholar at the Anderson School at UCLA, Talbott is also a former vice president in the investment banking division of Goldman, Sachs, and Company.
More about John R. Talbott...
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