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The Fortune Tellers

Inside Wall Street's Game of Money, Media, and Manipulation

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The Fortune Tellers

Written by: Howard Kurtz
Narrated by: Howard Kurtz
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About this listen

 Just as "spin" has taken over politics in America, so too has it come to define the long bull market on Wall Street. The booming trade in stocks has produced an insatiable demand for financial intelligence. On television and the Internet, commentators and analysts are not merely reporting the news, they are making news in ways that provide huge windfalls for some investors and crushing losses for others. And they often traffic in rumor, speculation, and misinformation that hit the market at warp speed.

New York Times best selling author Howard Kurtz turns his skeptical eye on the business-media revolution that has transformed the American economy. He uncovers the backstage pressures at television shows like CNBC's Squawk Box and CNN's Moneyline and at Internet start-ups like TheStreet.com and JagNotes, real-time operations in the very arena where fortunes are made and lost with stunning swiftness.

No one has ever reported from inside the Wall Street media machine or laid bare the bitter feuds, cozy friendships, and whispered leaks that move the markets. In a time of head-spinning volatility, The Fortune Tellers is essential audio listening for all of us who gamble our savings in today's overheated stock market.

©2000 Howard Kurtz, All Rights Reserved (P)2000 Simon & Schuster, Inc., All Rights Reserved Economics Investing & Trading Management & Leadership Media Studies Personal Finance Business Wall Street Internet

What the critics say

"[An] incisive exposé...first-rate analysis of the interplay between the media and American financial institutions." (Publishers Weekly)

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