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This 29-week PW bestseller, a QPB main selection, tells of the rise and fall during the 1980s of the biggest insider trading ring in Wall Street history. Updated in paperback. Photos.
Copyright 1992 Reed Business Information, Inc.
Michael Milken, Ivan Boesky, Martin Siegel, and Dennis Levine will long be remembered for the Wall Street insider trading scandals of the 1980s. Stewart, a Pulitzer Prize-winning Wall Street Jour nal reporter who covered the various scandals, has used his reportage as well as an exhaustive culling of court documents, testimony, and interviews with all of the participants to fashion an authoritative account of what happened. Stewart has done a thorough job in assembling the facts and has made connections that may surprise some readers. For example, Milken, the Drexel Burnham Lambert junk bond king who convinced many savings institutions and insurance companies to buy these bonds in large quantities, may have indirectly contributed not only to the bailout of various thrifts but also to the insolvency of some insurance companies. While this is a well-researched and highly readable work, there is such an abundance of financial details that a glossary of terms and related Wall Street jargon would have been helpful. This minor caveat aside, Stewart's contemporary morality tale is recommended for all business collections in public, special, and academic libraries. (Index not seen.) Previewed in Prepub Alert, LJ 5/15/91.
- Richard Drezen, Merrill Lynch Lib. , New York
Copyright 1991 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.
Fascinating true story of greed, crime, detection, prosecution, and punishment. A great read.Published 26 days ago by peter Christiana
It was interesting to return to this book over twenty years after first reading it. For some reason I consumed the many tales of greed that were published at the time... Read morePublished 2 months ago by Jeffrey Swystun
I read this book not long after it was published in 1991. James B. Stewart, a Wall Street Journal editor, with the insights that such a position can yield, and a rarer moral... Read morePublished 2 months ago by John P. Jones III
It's not a bad written book by any mean. However, Mr. Stewart is just so eager to past and shove down the reader's throat his own views, opinions and judgments specificaly on... Read morePublished 3 months ago by Roland Pettersson
I read this book years ago and never forgot it. It ranks in the best ten books that I have ever read and the author's research is exhaustive and detailed. Read morePublished 8 months ago by Peter Ralph
Absorbing and thoroughly engrossing from start to finish. Telling insight into the culture that promoted the greed and excesses of the period.Published 8 months ago by Hadyn G