The Fortune Tellers
IN THIS SUMMARY
The unprecedented trade in the stock market has produced an endless demand for more and more financial information and has spawned a plethora of highly paid "experts" to supply it. On television and the Net, and in a flood of financial newspapers, magazines, and newsletters, commentators and analysts no longer just report financial news. They use rumor, speculation, and misinformation to create it. In the process, some investors reap huge windfalls and others suffer crushing losses-with stunning swiftness and regularity.The Fortune Tellers exposes it all-the hype, the bitter feuds that impact the market, and the disturbing conflicts of interest among the analysts, the fund managers, the exclusive-hungry journalists, and the CEOs who use them all to promote their companies. It demonstrates just how crazy, greedy, and morally ambiguous a place Wall Street is, and raises the fundamental question: "Amid the endless noise, whom do you trust?"