From Publishers Weekly
Vise and Coll chronicle the SEC's tangled relations with Wall Street during the 1980s . Based on a Pulitzer Prize-winning series in the Washington Post. Photos.
Copyright 1992 Reed Business Information, Inc.
--This text refers to an out of print or unavailable edition of this title.
From Library Journal
That this book won a Pulitzer Prize in its original serialized form ( Washington Post magazine) is difficult to believe. It is a history of the Securities and Exchange Commission (SEC) and its chairman John Shed during the 1980s, but the authors are clearly biased. Free enterprise? Capitalism? Mistakes. The SEC wasn't regulatory enough for the authors' apparent belief that with enough regulation humanity will become virtuous. They never explain this obvious prejudice, although there were advantages to some takeovers and leveraged buyouts. Among the many irritants in this book: a misunderstanding of "liquidity"; endless slanted adjectives and cliches (all buildings are "towering"; when someone they don't care for acts, it is "frenzied"); and unsubstantiated quotes (there is no real bibliography, only a thank you to "more than 250 people" used as sources). A dispassionate history of the SEC in the 1980s remains to be written.- Alex Wenner, Indiana Univ. Libs., Bloomington
Copyright 1991 Reed Business Information, Inc.