Undue Influence: How the Wall Street Elite Puts the Financial System at Risk

Reference & Research Book News, August, 2005

HG4910

2004-011590

0-471-65663-1

Undue influence; how the Wall Street elite put the financial system at risk.

Geisst, Charles R.

John Wiley & Sons, [c]2005

314 p.

$34.95

Geisst, a former capital markets analyst and investment banker, traces the connections between Wall Street and the US financial system from the 1920s to the present day, revealing a mutually beneficial partnership at every step. After describing the inability of the regulatory system to keep up with Wall Street power brokers, Geisst concludes that the financial system is at greater risk now than ever before.