Den of Thieves

Den of Thieves

by James B. Stewart
4.5 11

Hardcover

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Overview

Den of Thieves by James B. Stewart

A number-one bestseller from coast to coast, Den of Thieves tells, in masterfully reported detail, the full story of the insider-trading scandal that nearly destroyed Wall Street, the men who pulled it off, and the chase that finally brought them to justice. Pulitzer Prize winner James B. Stewart shows for the first time how four of the biggest names on Wall Street - Michael Milken, Ivan Boesky, Martin Siegel, and Dennis Levine - created the greatest insider-trading ring in financial history and almost walked away with billions, until a team of downtrodden detectives triumphed over some of America's most expensive lawyers to bring this powerful quartet to justice.

Based on secret grand jury transcripts, interviews, and actual trading records, and containing explosive new revelations about Michael Milken and Ivan Boesky written especially for this paperback edition, Den of Thieves weaves all the facts into an unforgettable narrative- a portrait of human nature, big business, and crime of unparalleled proportions.

Product Details

ISBN-13: 9780517104385
Publisher: Random House Value Publishing, Incorporated
Publication date: 06/01/1993

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Den of Thieves 4.5 out of 5 based on 0 ratings. 11 reviews.
Anonymous More than 1 year ago
:~( I am so sad. I expeced it to be MUCH BETTER? SOOOOOOO short and WAY TO FAST? Just because of this chapter i might have to leave. I eill give you one more chapter if you dont slow down and be more explanitive* i just made up a funny word. HEHEHEHE* I WILL leave. Sorry for this but I cant stand this. It is almost as bad as Mating clan right now!!!!!
Anonymous More than 1 year ago
She looked down "she already has dashi...shes his mate" she mumbled "all I want is to spend time with him...."
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Guest More than 1 year ago
This classic account of insider trading during the greed decade remains as riveting today as the day it was published. Prize-winning journalist James B. Stewart manages to turn an account of the arcane market manipulation that led to the 1987 crash into a page-turner with all the suspense of a detective novel. And while the main villains here - Michael Milken and Ivan Boesky - have faded off the public radar, their philosophical descendants at Enron, Tyco and Adelphia remind investors that greed and market manipulation will never go out of style. Stewart¿s richly detailed book is must reading for those who trust their careers or their savings to the markets. We recommend this withering account of over-the-top greed to anyone who works or invests on Wall Street.
Guest More than 1 year ago
Two interesting themes run through Stewart's book. One is that greed and corruption ran riot in the 1980s, only to get caught in the law-enforcement net. Yet the book's hopeful 'crime doesn't pay' message does not mesh with the 1990s, when greed and corruption reached even higher levels. The second theme is about what lesson was learned from Milken's escapades. Stewart tries to argue that Wall Street got carried away, but then how to explain the '90s? The real lesson learned on Wall Street is that sometimes an employee is TBTF - Too Big To Fire. Milken's power within Drexel was so great that CEO Fred Joseph could not save the firm from bankruptcy once Milken's crimes came under scrutiny. To fire Milken would have destroyed the firm because Milken's allies at Drexel were so powerful. To defend Milken compromised the firm and thus sowed the seeds of its destruction as well. The message to CEO's in America was: no subordinate should be TBTF. Only the CEO should be TBTF. Underlings like Fastow, Sullivan, Grubman, Blodget and Quattrone were quickly thrown overboard. One can only hope that when the scandals of the late '90s have played out that Skilling, Lay, Ebbers et. al. end up behind bars.