Reading between the Lies: How to detect fraud and avoid becoming a victim of Wall Street's next scandal. [Hardcover]

Jordan E. Goodman (Author)

Book Description

Publication Date: July 14, 2003

Detecting Wall Street Lies: An Individual Investors Guide to Profitability.
In the aftermath of recent market crashes, investors have fled the volatile financial markets in fear of losing what's left of their life savings. With the U.S. securities market rocked to its very core, the ultimate victims are investors. Financial expert, Jordan Goodman's new book, Reading Between the Lies examines today's principal markets and discusses how they have been abused, touching on such infamous cases as Enron, Tyco, WorldCom, and Adelphia. Reading Between the Lies is a must read for investors wanting to rebuild their confidence. Investors will learn how corporations abused the system, how to assess data on balance sheets and financial reports, conduct audits, evaluate technical indicators and management profiles, and research financial information on line.

Editorial Reviews

About the Author

Jordan E. Goodman is a weekly contributor to Public Radio International’s Marketplace in the Morning and OnMoney.com.  He spent 18 years on the editorial staff of Money magazine, and was a weekly financial analyst on NBC’s News at Sunrise for nine years and a daily financial commentator on Mutual Broadcasting System’s America in the Morning show for eight years.  Goodman is also the co-author of the Dictionary of Finance and Investment Terms, Barron’s Finance and Investment Handbook, and Barron’s Dictionary of Business Terms.

Product Details

• Hardcover: 272 pages
• Publisher: Kaplan Publishing (July 14, 2003)
• Language: English
• ISBN-10: 0793169453
• ISBN-13: 978-0793169450
• Product Dimensions: 9.2 x 6.3 x 0.8 inches
• Shipping Weight: 1 pounds
• Average Customer Review: 3.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #2,669,578 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

13 of 13 people found the following review helpful:

1.0 out of 5 stars Not What You Expect, November 26, 2003

By A Customer

This review is from: Reading between the Lies: How to detect fraud and avoid becoming a victim of Wall Street's next scandal. (Hardcover)

Only one of the 12 chapters is devoted to techniques for analyzing financial statements for possible fraud and that chapter is rather incomplete and superficial,simply discussing a few commonly used ratios that are probably already familiar to most readers interested in books of this type. The discussion of financial statement footnotes is particulary brief and lacking in description of what to look for. The other 11 chapters just give background material on corporate fraud and governance, conficts of interest at brokerage houses, etc. The author clearly is not an expert at reading financial statements and at one point even suggests incorporating technical analysis (stock price chart reading)into investment decisions. Pathetic. Readers should ignore this book and get Financial Fine Print by Michelle Leder instead.

5.0 out of 5 stars This is a great book!, January 14, 2007

By 

James Harrison (Long Island, NY) - See all my reviews
(REAL NAME)   

This review is from: Reading between the Lies: How to detect fraud and avoid becoming a victim of Wall Street's next scandal. (Hardcover)

I don't see anything wrong with this book. He sticks to the basics and that is all you need. Ok for the new investor or someone new to accounting.