Stock Frauds, Manipulations, and Insider Trading

by Thomas D. Saler, Don R. Christensen

Public confidence in financial markets depends on the perception that they are fair and just, not distorted or manipulated to the advantage of particular traders. This is the story of those who have sought illicit advantages, and how markets and investors can protect themselves against the dark side of human nature. The Secrets of the Great Investors series is a collection of presentations that explain, in understandable language, the strategies, tactics, and principles that have produced great wealth, and how you can improve your financial future. History's greatest investors used powerful investing philosophies to produce superior results, and you can learn from their successes and mistakes.

Audio CD

First published January 1, 1997

Reviews

[Justin Bartram · Rating 4 out of 5]

A very interesting insight into one of Wall Street's biggest elephants in the room

[David Liang · Rating 3 out of 5]

Short read for anyone interested in stock history. Good place to start your research if you're doing a school project.

You will find out things like... Joseph Kennedy Sr. (John F. Kennedy's dad) was a market manipulator and often trade on insider information. Afterwards he went to form the SEC and became the first SEC chairman. Yes, President Kennedy's dad created rules to punish those who tried to follow his footsteps. "It takes a thief to catch a thief".

[Alex Shrugged · Rating 4 out of 5]

This is a basic summary of various cases of financial fraud (today) that might have not been fraud way back when... mostly because regular people weren't involved. The guys with the big money were on their own, but once the little guy got involved and got swindled, the government passed laws and regulations regarding such fraud.

I remember a number of these schemes and I found the whole audiobook interesting.

I will probably listen to this audiobook again.

[Zack Hodges · Rating 4 out of 5]

interesting book

[Glenn Franco Simmons · Rating 3 out of 5]

I had trouble following this book by audio, but I'll give it another try in the future. It is interesting. Not sure I would use a credit to purchase it again, however, if given the chance.

[Yeap Naw · Rating 3 out of 5]

Beware of scandal in the securities game