Pump and Dump: The Rancid Rules of the New Economy

by Robert H. Tillman, Michael L. Indergaard

List Price:	~~$21.95~~
Amazon Price:	$21.95 & eligible for FREE Super Saver Shipping on orders over $25.
Lowest New Price:	$17.95
Availablitiy:	Usually ships in 24 hours

Editorial Reviews
Product Description
Enron, WorldCom, Global Crossing - the mere mention of these companies brings forth images of scandal, fraud, and large-scale corruption. But do these dark stars of media stories represent a few "bad apples" or does their misconduct provide evidence of a regulatory black hole in the so-called New Economy?In "Pump and Dump", Robert H. Tillman and Michael L. Indergaard argue that these scandals are symptoms of a corporate governance problem that began in the 1990s as New Economy pundits claimed that advances in technology and forms of business organization were changing the rules. A decade later, it looked more like a case of no rules as endless revelations of fraud in the wake of corporate bankruptcies left ordinary investors bewildered and employees out of work with little or nothing.At a time when there is growing debate about proposals to privatize programs like Social Security and to promote an "ownership society," this book offers a path-breaking analysis of America's most urgent economic problem: a system that relies on self-regulation and the rancid politics that continue to support the short-term interests of financial elites over the long-term interests of most Americans.

Customers who bought this item also bought

Price is accurate as of the date/time indicated. Prices and product availability are subject to change. Any price displayed on the Amazon website at the time of purchase will govern the sale of this product.