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S&P index set for record winning streak
The index tracking the 500 biggest public companies in the US has risen almost 325% since 2009.


Can Venezuela halt hyperinflation?
Experts doubt that lopping five zeroes off the currency will solve its economic woes anytime soon.


Ex-UBS trader avoids deportation - for now
Kweku Adoboli, who was convicted of a huge fraud in 2012, is trying to avoid being sent back to Ghana.


Microsoft claims win over 'Russian political hackers'
Cyber-attacks on US political groups are stopped after Microsoft grabs key net domains, the company says.


Nike removes balaclava accused of 'targeting gun culture'
The company says it was "in no way condoning the serious issues of criminal and gang culture".



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Paul Krugman

Partisanship, Parasites, and Polarization
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A Capitalist's Lament: How Wall Street Is Fleecing You and Ruining America

by Leland Faust

Published by Skyhorse Publishing


Leland Faust unmasks Wall Street's unsavory tactics in powerful detail by giving readers a high-level view of how the financial services industry misleads them, overcharges them, and exposes them to needless risk. He documents the financial industry's alluring come-ons, airbrushed risks, high-stakes gambling, half-truths, misleading statements, outlandish predictions, tricks to overcharge customers, bad deals, and outright fraud by the most prominent and renowned of Wall Street's players.

A Capitalist's Lament is about what happens when financial firms and their employees forget whose interest they are supposed to protect. It shows how making foolish or wrong predictions is of no consequence to those who make them and how Wall Street luminaries with poor track records still garner celebrity status. Most of all, it spotlights how Wall Street manipulates the system and furthers its own interests at its customers' expense and puts us all at great risk. Here is what you need to know to protect yourself from "business as usual" and get ahead—instead of getting taken.


pub date: 2016-10-04 | Hardcover | 9781510713628