the pied pipers of wall street offers a riveting, eye-opening view of the workings of wall street brokerage firms and their analysts who make key recommendations on which stocks to buy or sell. benjamin mark cole reveals how these firms often have substantial sums invested in the companies that they are analyzing, creating a conflict of interest that benefits the firm and, too often, hurts the individual investor.
the pied pipers of wall street turns the spotlight on wall street`s corrupt system “in a fast-paced, name-the-names investigative style” and shows readers where they can turn for sound investment advice. includes: how securities industry analysts have evolved from sleuths to salesmen. compromised relationships: the New role of analysts. why leading analysts may not be telling you everything they know,and how to figure that out. the few, the proud: the Used guys you can count on. the role of the sec; how much of a watchdog can it be? how the internet can be your best ally in tracking down balanced market coverage.