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Books > Business & Economics > Economics > International economics > International finance
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Black Edge - Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street (Paperback)
Loot Price: R416
Discovery Miles 4 160
You Save: R42
(9%)
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Black Edge - Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street (Paperback)
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List price R458
Loot Price R416
Discovery Miles 4 160
You Save R42 (9%)
Expected to ship within 9 - 17 working days
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Nominated for the FT/McKinsey Business Book of the Year Nominated
for the Carnegie Medal for Excellence in Nonfiction Amazon Top 5
Business Books of 2017 'A prodigious feat of reporting' - Malcolm
Gladwell 'Black Edge has the grip of a thriller ... Everyone should
read this book' - David Grann, New York Times bestselling author of
THE LOST CITY OF Z How do super-rich bankers get away with it?
There is a powerful new class of billionaire financiers in the
world, who use their phenomenal wealth to write their own rules and
laws. Chief among them is Steven Cohen, a Wall Street legend, and
the basis for Damian Lewis's character in BILLIONS, who built his
hedge fund into a $15 billion empire on the basis of wizard-like
stock trading, and who flies to work by helicopter and owns one of
the largest private art collections in the world. But his iconic
status was shattered when his fund became the target of a sprawling
FBI investigation into insider trading, charged with using illegal
inside information - or 'black edge' - to beat the market. His
firm, SAC Capital, was ultimately indicted and pled guilty to
charges of securities and wire fraud, and paid record criminal and
civil fines of nearly $2 billion. But even as the company bearing
his name pled guilty, Cohen himself was never charged, and is free
to start trading publicly again from January 2018. Black Edge
offers a revelatory look at the grey zone in which so much of Wall
Street functions, and a window into the transformation of the
worldwide economy. With meticulous reporting and powerful
storytelling, this is a riveting, true-life legal thriller that
takes readers inside the US government's pursuit of Cohen and his
employees, and raises urgent questions about the power and wealth
of those who sit at the pinnacle of the financial world.
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