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Exile on Wall Street

One Analyst's Fight to Save the Big Banks from Themselves
by: Mike Mayo
in: Investing
Summary:

The book provides an insider's perspective on the flaws and corruption within the banking industry, detailing the author's experiences as a financial analyst challenging the practices of big banks. It advocates for reform and accountability, highlighting the resistance to change and the consequences of unchecked power in Wall Street institutions.

Key points:

1. Accountability in Finance: Mayo stresses the need for banks and their executives to be held accountable for their actions to prevent financial crises and economic harm.

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