Book description
An industry insider reveals the inner workings of our financial
system and the agencies who attempt to control it
During his dozen years as an SEC attorney, author Richard Sauer
opened and supervised some of its most notable financial
cases-investigations that took him to a dozen countries and returned
hundreds of millions of dollars to American investors. While a partner
at a major law firm and, later, a hedge fund manager, he saw firsthand
the follies and failures of our system. Now, in Selling America
Short, he shares his extraordinary experiences with you.
Selling America Short is a gripping chronicle of crooked
companies, financial philanderers and hapless enforcers told through
the eyes of personal experience. Page by page, it shows the damage
wrought by the deep biases and lack of worldly experience common among
those who hold the reins of our capital markets.
- Sheds light on the inner workings of our financial system
- Takes you on a fascinating journey of a rogue's gallery of
crooked executives, professional fraud enablers, and squirrelly technocrats
- Offers a firsthand account of the many ways contrarian views of
public companies are suppressed and punished, depriving the market
of critical information
With the capital markets in turmoil, people are fascinated with what
is happening on Wall Street. This book provides a unique look at the
forces and events that led directly to financial tragedy and continue
to wreak havoc.
RICHARD C. SAUER has been, among other things, an
Assistant Director with the U. S. Securities and Exchange Commission,
a partner in an international law firm, and an analyst with a Northern
California hedge fund. In his dozen years as an SEC attorney and
administrator, he was responsible for some of the agency's most
memorable financial fraud cases. Sauer's articles on legal and
financial topics have appeared in numerous publications including the
New York Times, the Wall Street Journal, and Barron's. He is also a
published novelist and holds a doctorate in law (SJD) from Harvard Law
School. Sauer lives in Berkeley, California, with his wife, Eileen
Killory.
