Den of Thieves

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The brokers in the middle as well as the managers of those companies became insanely rich from the shell game. Investment banks and other Wall Street institutions, highly leveraged against political influence, hold the keys to the house as the downtrodden, resource-strapped and powerless regulators can't stand tall enough to look over the fence. Well, that seems like a pretty naive way for an experienced Wall Street Journal reporter to look at it. Second, the list of names associated with this case is a literally whose who among financial figures and politicians of the 80s and 90s.

He also manages to present the human angle, showing the people involved as individuals with nuance as much as he can. I was already a fan of Stewart's from Disneywar, his superb history of the Disney Renaissance under Michael Eisner.In a nutshell, Den of Thieves recounts the largest insider-trading scandal in the all-about-me 1980s. During this crime wave, the ownership of entire corporations changed hands, often forcibly, at a clip never before witnessed. Stewart’s phenomenal “ Den of Thieves” is about four of them: Dennis Levine, Michael Milken, Martin Siegel, and Ivan Boesky. Parts of it grab your attention so that you can't put it down, but for a layperson like me, there were more details than I cared to read. A Pulitzer Prize-winning reporter lays bare the era when crimes of unparalleles proportions flourished on Wall Street.

It had never occurred to them that it would be interpreted as helping Boesky trade in advance on his own inside information that he was going to plead guilty and settle SEC charges.

Billy says to her that he wants her to get him the crown jewels and then she will no longer owe him anything. Den of Thieves recounts the insider trading scandals involving Ivan Boesky, Michael Milken, and other Wall Street financiers in the United States during the 1980s, such as Robert Freeman, Terren Peizer, Dennis Levine, Lowell Milken, John A. She gets sea-sick and is bullied by her fellow ballerinas who do their best to make her experience with them a misery. He believes that people are fundamentally good, and will do the right thing if you give them a chance. For Levine, the experience only reinforced his view that without extraordinary measures, he was never going to realize his grand ambitions.

Each of the perpetrators has their own level of comfort with their involvement in the insider trading scheme. The famed English jurist Sir Edward Coke wrote as early as 1602 that "fraud and deceit abound in these days more than in former times.But as we're all too painfully aware, particularly in today's economy, greed and avarice continues to run amok among the investment banks, traders and law firms that make their bread on Wall Street. Neither man knows what comes next for them, but when Eli gets caught in a web of deadly thefts, Julien isn’t going to let him face the danger alone. By using LibraryThing you acknowledge that you have read and understand our Terms of Service and Privacy Policy. Stewart shows for the first time how four of the eighties' 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.

One feature of the book I really appreciated was that it spent a great deal of time discussing the prosecutorial strategies of the SEC and the US attorney's office, then headed by a pre-mayoral Rudy Giuliani. Part of the disgust with Washington and big business stems from the slew of mergers and acquisitions that began during the seventies and eighties and which resulted in many people losing their jobs as the larger entities pulled cash out of the acquisitions, cut jobs, and moved much of the business overseas for cheaper labor costs.In his home she is treated like a slave while he puts her stories in a magazine and gives the reputation of a reckless young moll. In this story the protagonist, Cat, becomes homeless, travels to Paris, dances with an old French man and becomes a spy. Confessional: in this criminal climate we currently live in, I had a hard time reading about a group of individuals who had a blatant disregard for the law.