Easy prey investors: why broken safety nets threaten your wealth

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McGill-Queen's University Press,
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How obsolete court decisions, lawmaker inaction, and conflicted self-regulators are facilitating the theft of wealth and retirement savings in Canada.
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Grouped Work ID 3da2dbed-58a4-75ce-c271-13aa0f764171
full_title easy prey investors why broken safety nets threaten your wealth
author rosen al
grouping_category book
lastUpdate 2017-12-17 04:57:06AM

Solr Details

accelerated_reader_point_value 0
accelerated_reader_reading_level 0
auth_author2 Rosen, Mark, 1973-
author Rosen, Al, 1938-
author2-role Rosen, Mark,1973-author.
author_display Rosen, Al
collection_arlington New Nonfiction
detailed_location_arlington Central New Nonfiction
display_description "Over the past twenty-five years, a series of actions, omissions and failures by Canada's lawmakers and the purported gatekeepers of investor rights have left Canadian's investments, pensions and retirement savings at greater risk. Bodies such as provincial securities commissions have abandoned their obligations to safeguard investors and allowed published and audited financial statements in Canada to become less credible and unreliable. Yet these distorted financial statements are used by financial analysts who present them as accurate, leaving investors in the dark about serious risks and negative impacts on their savings. In Easy Prey Investors, investigative forensic accountants Al and Mark Rosen examine the circumstances--beginning with a 1997 Supreme Court of Canada ruling on the reliability of audited statements--that have led to the proliferation of Ponzi schemes and other financial manipulations, and a corresponding lack of accountability among auditors. Based on their many years of experience in major Canadian court cases involving collapsed companies, the authors reveal the full stories behind financial trickery and describe the disturbing consequences for investors. They show how a combination of inaction by lawmakers and illogical delegation of regulatory power to conflicted financial statement auditors has seriously harmed savers as well as how most conventional protections have been stripped away from investors. Why save in Canada when money can so easily be stolen? Prying open doors too often sealed shut, Easy Prey Investors illuminates the unpleasant details of financial manipulation and suggests new ways to guide and protect investors and their families."--
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id 3da2dbed-58a4-75ce-c271-13aa0f764171
isbn 077354819, 9780773548190
item_details ils:.b20093597|.i21581071|Central New Nonfiction|332.673 ROSEN|||1|false|false|||||Due Jan 6, 2018||cann||
itype_arlington Hardback
lexile_score -1
literary_form Non Fiction
literary_form_full Non Fiction
local_callnumber_arlington 332.673 ROSEN
local_time_since_added_arlington 2 Months, Month, Quarter, Six Months, Year
owning_library_arlington Arlington Public Library, Aurora Hills, Central, Cherrydale, Columbia Pike, Connection Crystal City, Detention Center, Glencarlyn, Local History, Plaza, Shirlington, Westover
owning_location_arlington Central
primary_isbn 9780773548190
publishDate 2017
record_details ils:.b20093597|Book|Books||English|McGill-Queen's University Press,|[2017]|xiv, 383 pages ; 24 cm.
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subject_facet Commercial crimes -- Canada, Corporations -- Corrupt practices -- Canada, Financial institutions -- Corrupt practices -- Canada, Fraud -- Canada, International financial reporting standards
title_display Easy prey investors : why broken safety nets threaten your wealth
title_full Easy prey investors : why broken safety nets threaten your wealth / Al Rosen and Mark Rosen
title_short Easy prey investors :
title_sub why broken safety nets threaten your wealth