The Wall Street Gang

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NEW, NEVER BEEN BOOK, HARDCOVER WITH DUST JACKET, MINOR, SHELF WEAR ON THE JACKET AND THE BOOK, TIGHT SPINE, COLLECTIBLE AND READY TO SHIP. (BXX-609-2)

Mass Market Paperback: 355 pages

Publisher: Avon; 1st edition (1975)

Language: English

ISBN-10: 0380003368

ISBN-13: 978-0380003365

Product Dimensions: 7 x 4.1 x 1.1 inches

Shipping Weight: 0.8 ounces

Average Customer Review: 4.3 out of 5 stars  See all reviews (10 customer reviews)

Best Sellers Rank: #430,882 in Books (See Top 100 in Books) #109 in Books > Business & Money > Investing > Futures

The Wall Street Gang, Richard NeyRichard Ney, an investment advisor, wrote "The Wall Street Jungle". He forecast the market crash in May 1962, the rise and decline of January 1966, and the crash of October 1973. The `Foreword' by Senator Lee Metcalf tells how Ney's book guided him in his investigation of utility companies, and the business activity dominated by Wall Street and financial institutions. The information documented the failures of the SEC and the ICC to protect investors. "Operations are controlled for the benefit of the insiders who have the special information and the clout to profit from all sorts of transactions, regardless of the actual value of the stock traded" (p.xii). Insider deals are frauds on millions of small investors. The crisis for investors is caused by an absence of truth ('Preface'). The very rich and financial interests benefit by reserving truth for themselves (p.xiii). They control the nation's media and information through custom and government sanctions. Those victims who lose money are told its their own fault, not that the market is rigged against small investors (p.xiv). The "Stock Exchange as the source of the country's future financial problems." If you learn to buy when Wall Street insiders buy, and sell when they sell, you can win instead of losing (p.xv). Someone who has been defrauded needs a good attorney. Ney hopes this book will provide the facts to bring security and success in the market. He doesn't worry about those who want to suppress the truth.Chapter 1 tells of his career change from acting to "investment advisor". His charting techniques warned of an imminent decline in the market (p.7). But he found out that the US Senate and the `Wall Street Journal' did not want his views (p.13).

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