Publisher's Synopsis
False Security: The Betrayal Of The American Investor is a book written by Bernard J. Reis that provides an in-depth analysis of the American financial system and how it has failed to protect the interests of individual investors. The book explores the various factors that have contributed to the erosion of investor confidence, including the rise of complex financial instruments, conflicts of interest among financial professionals, and the failure of regulatory agencies to adequately monitor the market. Reis argues that the financial industry has become too focused on short-term profits and has lost sight of its responsibility to serve the needs of investors. He also highlights the various scandals that have rocked the financial world in recent years, such as the Enron and WorldCom scandals, and how they have further eroded investor trust. The book offers a number of recommendations for how the financial industry can be reformed to better serve the needs of investors. These include greater transparency and accountability, stronger regulatory oversight, and a renewed focus on long-term value creation. Overall, False Security: The Betrayal Of The American Investor is a thought-provoking and insightful book that sheds light on the challenges facing the American financial system and offers a compelling vision for how it can be reformed to better serve the interests of individual investors.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.