BBC Business Headlines

Shazam! Apple buys music recognition app
Rivalry against Spotify and augmented reality ambitions are two possible reasons for the takeover.


HSBC prosecution threat in US lifted
The bank's five-year probation in the US that followed allegations of Mexican money laundering is over.


Major Forties oil pipeline to be closed for repairs
The Forties pipeline's owner Ineos says that, despite pressure being reduced, a crack has extended.


HP laptops found to have hidden keylogger
A researcher finds more than 460 models have the hidden software pre-installed.


Bitcoin futures trading begins on CBOE exchange in Chicago
Bitcoin rises 17% to above $18,000 on its futures debut, a move seen as legitimising the currency.



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Paul Krugman

Pessimism and Paralysis in the Aftermath of the Financial Crisis
Remember when U.S. workers supposedly couldn’t be employed? read more...




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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