Confessions of a Wall Street Analyst

Daniel Reingold was a top-ranked Wall Street telecom analyst from 1989 to 2003, first at Morgan Stanley and then at Merrill Lynch and at Credit Suisse First Boston. Specializing in telecom companies like WorldCom and Qwest, he believed in the markets. But in this insider's memoir, Reingold describes how his belief gradually gave way to jaded criticism when he saw how deeply corrupt Wall Street really is. Because big investors had the advantage of inside information, which companies shared with the more accommodating analysts, he saw how a straight arrow like himself was doomed to fail. He recounts how his employer, Credit Suisse First Boston, asked him to sign a contract that would give him huge incentives in return for essentially selling out his clients. The memoir culminates with Reingold sitting through the 2005 trial of fallen WorldCom CEO Bernie Ebbers, who he knew in his heyday. Reingold names names, remembers numbers, and criticizes Wall Street players for relying on inside information and dubious methods.

Product details

• Authors: Jennifer Reingod, Dan Reingold, Daniel Reingold, Jennifer Reingold, Reingold Daniel, Reingold Jennifer
• Publisher: Harper Collins Usa
• Languages: English
• Product format: Hardback
• Released: 07.02.2006
• EAN: 9780060747695
• ISBN: 978-0-06-074769-5
• No. of pages: 368
• Dimensions: 162 mm x 238 mm x 32 mm
• Subjects: Social sciences, law, business > Business; BUSINESS & ECONOMICS: Management, BUSINESS & ECONOMICS: General, BIOGRAPHY & AUTOBIOGRAPHY: Business, BUSINESS & ECONOMICS: Economics / General, ECONOMICS: HISTORY, BUSINESS & ECONOMICS: Investments & Securities / General, BUSINESS & ECONOMICS: Business Ethics, BUSINESS & ECONOMICS: Finance / Financial Risk Management, BUSINESS & ECONOMICS: Workplace Culture, LAW: Criminal Law / General