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Levine & Co.: Wall Street's Insider Trading Scandal

Frantz, Douglas

Verlag: Henry Holt & Co
ISBN 10: 0805004572 / ISBN 13: 9780805004571
Gebraucht / Zustand: Very Good / Hardcover
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Titel: Levine & Co.: Wall Street's Insider Trading ...

Verlag: Henry Holt & Co

Einband: Hardcover

Zustand: Very Good

Zustand des Schutzumschlags: Dust Jacket Included

Auflage: 1st Edition

Beschreibung:

0805004572 * Very good in Very good dust jacket. First Edition. Bookplate front paste-down. Quality, Value, Experience. Media Shipped in New Boxes. Buchnummer des Verkäufers LOWER36FOP0124

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Inhaltsangabe: This is the story of an illegal network that functioned without detection for more than five years. It is the story of millions of dollars of ill-gotten gains. And it is the story of a too-clever kid from Bayside, Queens, with a second-rate MBA and no connections to speak of, who pushed his way into the high-stakes world of investment banking. He was Dennis Levine and he managed to parlay $40,000 into a profit of $12.6 million over the course of little more than five years of insider trading, all the while working his way deeper into the inner circles of investment banking. This is also the story of a community of bankers, brokers, arbitragers, and lawyers for whom the bottom line was the gospel, the rules were made of latex, and any doubts could be stilled by looking the other way. It is a story that is so outrageous it sometimes seems comic. Except that it's all true. And there is nothing comic about that. At its heart, this is a story of unbridled ambition and of one man's uncanny ability to corrupt the innocent, gull the greedy, and dupe the powerful - a man for whom more was never enough and the game became an end in itself. But it is also a tale that is profoundly revealing of the financial community as it exists and does business today. Rich in detail and anecdote, it depicts a world governed by greed and mendacity, arrogance and irresponsibility - a world all too easily manipulated by a man whose greatest claim to fame may, in the end, have been that he was a consummate rogue.

From Publishers Weekly: Readers who won't mind paper-thin characterizations and who are mainly interested in the behind-the-scenes story of insider trading by Wall Streeters are certain to find this book more than merely interesting. Frantz, for many years a top Chicago Tribune reporter, benefited from candid interviews with several key figures in this remarkably detailed chronology of the way a "kid from Queens" began working for Smith Barney in 1978 and by 1986, thanks to his compulsive buying of stocks based on inside tips from Wall Street contacts, had upwards of $10 million stashed under code names in banks in the Bahamas and Cayman Islands. The man was Dennis Levineand if his arrest by SEC authorities in 1986 didn't get the headline attention received by Ivan Boeksy for similar white-collar crimes, it is clear from Frantz's scenario that Levine was a consummate inside-traderand shortly before his arrest was owed some $2 million-plus by Boesky for tips. This is a rarity in hardcover trade publishingin effect a real-life how-to book about the world of investment banking, mergers and acquisitions, with all the seamy particulars spelled out. $50,000 ad/promo; first serial to Esquire.
Copyright 1987 Reed Business Information, Inc.

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