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| The ] called Wall Street Versus America "one of the most controversial business books of 2006," and ] critic ] said that "Weiss is as sharp as he is mean-spirited in his guided tour of America's investment process." Maslin said: "Even at points when his book would be helped by a glossary and a bucket of cold water, the gale force of its arguments come through." | The ] called Wall Street Versus America "one of the most controversial business books of 2006," and ] critic ] said that "Weiss is as sharp as he is mean-spirited in his guided tour of America's investment process." Maslin said: "Even at points when his book would be helped by a glossary and a bucket of cold water, the gale force of its arguments come through." | ||
| ⚫ | Weiss is a founding member of ], a global media alliance investigating the July 2004 murder of ], editor in chief of the Russian edition of Forbes magazine and other subjects. | ||
| == Investigative reporting project == | |||
| ⚫ | Weiss is a founding member of ], a global media alliance investigating the July 2004 murder of ], editor in chief of the Russian edition of ] magazine, and other subjects. | ||
| ==External links== | ==External links== | ||
Revision as of 19:41, 22 April 2006
Gary Weiss is an award-winning investigative journalist and author of Born to Steal and Wall Street Versus America. Both books are harshly critical humorous examinations of the ethics and morality of Wall Street, often tinged with humor.
Magazine articles
Between 1986 and 2004 Weiss wrote numerous investigative articles for Business Week magazine, including cover stories on stock fraud and Mafia infiltration of the stock market. He also wrote articles describing improper trading at the American Stock Exchange and broke the story of the bond trading scandal at Salomon Brothers in 1991.
Weiss also wrote numerous essays and articles critical of the Securities and Exchange Commission and other regulators, a theme he later explored in Wall Street Versus America.
His article "The Mob on Wall Street" was published in December 1996, preceding by almost four years the widely publicized June 2000 arrest of 120 Mafia figures for stock fraud.
Weiss's "Mob on Wall Street" and other Business Week stories were praised by then-FBI Director Louis Freeh, in a letter published by Business Week in December 2000. Freeh said "Gary Weiss has done our nation an invaluable service by reporting the manipulation of the stock market by elements of organized crime. By outlining specific stocks and stock brokerage firms that were controlled by organized crime, he opened the door for FBI investigations in Florida and in New York, and for that we owe him a tremendous debt of gratitude."
Books
Born to Steal, published in 2003, is the true story of a Mafia-linked stockbroker named Louis Pasciuto. The book described how Wall Street firms were infiltrated by organized crime figures during the 1990s. Often the brokers were little more than teenagers.
Wall Street Versus America, published in April 2006, is a wide-ranging, acerbic attack on the morality of Wall Street, its regulators and the financial press. The book uses humor and ridicule to drive home its points. The book is critical of hedge funds, mutual funds, and the Wall Street securities arbitration process, as well as the self-regulatory scheme by which Wall Street regulates itself. His book also provides an unflattering assessment of former Securities and Exchange Commission chairman Arthur Levitt.
The New York Post called Wall Street Versus America "one of the most controversial business books of 2006," and New York Times critic Janet Maslin said that "Weiss is as sharp as he is mean-spirited in his guided tour of America's investment process." Maslin said: "Even at points when his book would be helped by a glossary and a bucket of cold water, the gale force of its arguments come through."
Investigative reporting project
Weiss is a founding member of Project Klebnikov, a global media alliance investigating the July 2004 murder of Paul Klebnikov, editor in chief of the Russian edition of Forbes magazine, and other subjects.
External links
- Official Website
- Gary Weiss Blog
- Interview about Wall Street Versus America (Corporate Crime Reporter)
- ProjectKlebnikov.org