An insider points out the holes that still exist on Wall Street and
in the banking system
"Exile on Wall Street" is a gripping read for anyone with an
interest in business and finance, U.S. capitalism, the future of
banking, and the root causes of the financial meltdown.
Award winning, veteran sell side Wall Street analyst Mike Mayo
writes about one of the biggest financial and political issues of
our time - the role of finance and banks in the US. He has worked
at six Wall Street firms, analyzing banks and protesting against
bad practices for two decades.
In "Exile on Wall Street, " Mayo: Lays out practices that have
diminished capitalism and the banking sectorShares his battle scars
from calling truth to power at some of the largest banks in the
world and how he survived challenging the status quo to be credited
as one of the few who saw the crisis comingBlows the lid off the
true inner workings of the big banks and shows the ways in which
Wall Street is just as bad today as it was pre-crash.Analyzes the
fallout stemming from the market crash, pointing out the numerous
holes that still exist in the system, and offers practical
solutions.
While it provides an education, this is no textbook. It is also
an invaluable resource for finance practitioners and citizens
alike.
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