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Ruthless: How Enraged Investors Reclaimed Their Investments and Beat Wall Street by Phil Trupp

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Preface-1

The auction-rate securities scandal is just one more variation on a reoccurring theme. And that theme is the documented belief of large segments of the financial-services industry that they are above the law, entitled to special privileges, entitled to engage in conflicts of interest, and they have no duty or obligation to average investors.

William F. Galvin, secretary of state and chief securities regulator, Commonwealth of Massachusetts

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