{"product_id":"ruthless-9780470579893","title":"Ruthless","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eRuthless is a candid exploration of the criminal subculture of Wall Street, and one of the first books to speak for the victims of the financial meltdown.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003eTrupp, an experienced news journalist, invested in auction-rate securities (ARS) around 2007 after being assured by his Wachovia broker that these debt obligations were safe and could be sold easily. Trupp explains that when the ARS market crashed in February 2008, he and over 100,000 other investors were left with some $336 billion in illiquid ARS. Trupp recounts his anger and tells of his odyssey to get redress for himself and other ARS investors. He heaps criticism on the greed of Wall Street, lax government regulation, and the mandatory arbitration process of the Financial Industry Regulatory Authority (FINRA), which he claims is stacked against investors. Trupp retells investor stories and how he helped publicize the ARS problem over the Internet when traditional media failed to air the problem. As a result of the pressure brought by investors and state regulators, more than half of the ARS had been redeemed at the time of his writing. \u003cb\u003eVERDICT\u003c\/b\u003e Business-oriented readers who can get past Trupp's numerous angry rants will find his first-person account instructive of how Wall Street and regulators betrayed the trust of so many ARS investors. (\u003ci\u003eLibrary Journal\u003c\/i\u003e, September 15, 2010)\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003eAuthor's Note.  \u003cp\u003eIntroduction.\u003c\/p\u003e \u003cp\u003eChapter 1: \"Deal With It!\"\u003c\/p\u003e \u003cp\u003eChapter 2: The \"Back Nine.\"\u003c\/p\u003e \u003cp\u003eChapter 3: A Sweet Deal—Until It's Not.\u003c\/p\u003e \u003cp\u003eChapter 4: \"I Have No Dreams.\"\u003c\/p\u003e \u003cp\u003eChapter 5: Bill Meets Mohela.\u003c\/p\u003e \u003cp\u003eChapter 6: Power to the Blogosphere.\u003c\/p\u003e \u003cp\u003eChapter 7: Radioactive Man.\u003c\/p\u003e \u003cp\u003eChapter 8: Armies of the Unseen.\u003c\/p\u003e \u003cp\u003eChapter 9: Day of Deliverance.\u003c\/p\u003e \u003cp\u003eChapter 10: The Newton Factor.\u003c\/p\u003e \u003cp\u003eChapter 11: Harry the Hit Man.\u003c\/p\u003e \u003cp\u003eChapter 12: The Raymond James Caper.\u003c\/p\u003e \u003cp\u003eChapter 13: What's It All About, Barney?\u003c\/p\u003e \u003cp\u003eChapter 14: Stretching to Meet the Man.\u003c\/p\u003e \u003cp\u003eChapter 15: State of Play 2009.\u003c\/p\u003e \u003cp\u003eChapter 16: Kathy's War.\u003c\/p\u003e \u003cp\u003eChapter 17: Hopeful Signs from the Hill.\u003c\/p\u003e \u003cp\u003eChapter 18: Going to Meet the Man.\u003c\/p\u003e \u003cp\u003eChapter 19: The View from Here.\u003c\/p\u003e \u003cp\u003eAppendix.\u003c\/p\u003e \u003cp\u003eAcknowledgments.\u003c\/p\u003e \u003cp\u003eAbout the Author.\u003c\/p\u003e \u003cp\u003eIndex.\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49402370556247,"sku":"9780470579893","price":18.69,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780470579893.jpg?v=1730480192","url":"https:\/\/bookcurl.com\/products\/ruthless-9780470579893","provider":"Book Curl","version":"1.0","type":"link"}