The 86 Biggest Lies on Wall Street

John R. Talbott

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Hardback

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English

Seven Stories Press,U.S.
01 August 2011

Economics & Business; Political economy; Investment & securities

"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 lies and then exposes us to the truth of what it will take to rebuild our economy. As a former investment banker at Goldman Sachs, Talbott knows firsthand how the financial system operates and what it will take to fix it. As the ""oracle"" who predicted the housing crisis in his 2003 book, The Coming Crash in the Housing Market, warned of a global banking crisis in his 2006 book, Sell Now, and called the election for Obama when the senator from Illinois was still the underdog in Obamanomics, Talbott' s revelations about how the Street and the economy really work are as clear-eyed and undeniable as his predictions and recommendations for our economic future are tough, sensible and exciting. We may ignore them at our own peril.

What will people be talking about in years to come? To find out, read John Talbott now."

By: John R. Talbott
Imprint: Seven Stories Press,U.S.
Country of Publication: United States
Dimensions: Height: 216mm, Width: 147mm, Spine: 23mm
Weight: 425g
ISBN: 9781583228876
ISBN 10: 158322887X
Pages: 256
Publication Date: 01 August 2011
Audience: General/trade , ELT Advanced
Format: Hardback
Publisher's Status: Active

Reviews for The 86 Biggest Lies on Wall Street

When John Talbott's controversial book, The Coming Crash in the Housing Market , hit store shelves in 2003, the real estate industry--and everyone else who stood to profit from the dizzying rise in U.S. home prices--gave it a hostile reception...So, with subprime mortgage losses and credit woes now the No. 1 topic in the markets, what does the former Goldman Sachs investment banker see next for the housing market and the U.S. economy? --Toronto Globe & Mail, September 14, 2007 Talbott is the author of two books that more or less foretold the pain homeowners are now experiencing. . . . So far, many of John Talbott's predictions have been spot on. --Newsweek, 2007