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The Velocity of Money: A Novel of Wall Street
 
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The Velocity of Money: A Novel of Wall Street [Mass Market Paperback]

Stephen Rhodes (Author)
4.1 out of 5 stars  See all reviews (21 customer reviews)


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Book Description

October 5, 1999
Young Manhattan attorney Rick Hansen has ascended to the top of the financial ladder by landing himself a plum position at the blue-chip-global investment firm of Wolcott, Fulbright & Company. Here on "the Street," he is in close proximity to the people who manipulate the power that spins the globe: money. But something is very wrong. His predecessor's shocking suicide begins to look suspiciously like murder. And the deeper Hansen digs, the more evidence he uncovers of a devastating international conspiracy to engineer the biggest market crash since 1929 and reap billions in profits from global apocalypse. With the clock ticking down to the zero hour, Rick Hansen discovers he's the only one who can stop a nightmarish Black Friday from dawning-but only if he is willing to put his own life on the line.

The Velocity of Money is a riveting, sophisticated, blisteringly authentic thriller that provides an insider's glimpse into the vast and intricate workings of the Wall Street financial machine; a shocking cautionary tale for an age of electronic trading and speculative frenzies, when personal fortunes can be made in a minuteand the world economy can be destroyed in an instant.

 


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Editorial Reviews

From Kirkus Reviews

An inquisitive young lawyer is all that threatens the success of a plot to precipitate a capital-markets meltdown that will yield its villainous instigators a megabuck return: an impressive first novel by the pseudonymous Rhodes. Soon after joining Wolcott Fulbright, a Manhattan-based investment firm with world-class credentials, attorney Rick Hansen becomes curious about the apparent suicide of his predecessor, Thomas Bingham. He soon determines that the dead man was probably murdered and steps up the pace of his unofficial investigation. Rick's inquiries quickly bring him to the attention of the nine- member cabal that retains an inside man at Wolcott and had recruited Bingham as a go-between in a scheme to drive stock prices down by as much as 50 percent, using automated trading programs that target derivatives (risky hedging instruments whose values derive from other securities or commodities). Under the manic direction of an evil genius variously known as Philip Colbert or Charles Stone, the high-tech conspirators (who call themselves the Contrarians) engineer a one-session drop of seven percent in the Dow Jones, a test run Wall Streeters dub ``Freefall Friday.'' While preparing for their climactic payday, the intriguers also keep tabs on Rick, who's coming ever closer to unraveling the masterplan. Indeed, the amateur sleuth visits a supercomputer center outside Pittsburgh, where he joins forces with Freddie Zaraghi, a savvy young hacker well versed in chaos theory and market crashes. With Freddie in tow, Rick returns to New York to mount an 11th-hour defense against the doomsday assault the Contrarians have unleashed on the world's financial capitals. A blue-chip debut thriller that brings new resonance to the old saw of getting killed in the market. -- Copyright ©1997, Kirkus Associates, LP. All rights reserved. --This text refers to an out of print or unavailable edition of this title.

Review

"An intricate tale...Thick with dollar signs and drama...I loved every word." -- -- Los Angeles Times Book Review

"An intricate tale...thick with dollar signs and drama...I loved every word." -- Los Angeles Times Book Review

"Terrifying...A character and a situation so real and believable, it's a hard book to put down." -- -- Washington Times

"Terrifying...a character and a situation so real and believable, it's a hard book to put down." -- Washington Times

Product Details

  • Mass Market Paperback: 512 pages
  • Publisher: Avon Books; Reprint edition (October 5, 1999)
  • Language: English
  • ISBN-10: 038073284X
  • ISBN-13: 978-0380732845
  • Product Dimensions: 6.7 x 4.2 x 1.5 inches
  • Shipping Weight: 8 ounces
  • Average Customer Review: 4.1 out of 5 stars  See all reviews (21 customer reviews)
  • Amazon Best Sellers Rank: #2,330,120 in Books (See Top 100 in Books)

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Customer Reviews

21 Reviews
5 star:
 (11)
4 star:
 (5)
3 star:
 (3)
2 star:    (0)
1 star:
 (2)
 
 
 
 
 
Average Customer Review
4.1 out of 5 stars (21 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

5 of 5 people found the following review helpful:
4.0 out of 5 stars A Really Fine Read!!!, August 10, 1999
By 
If you like Wall Street and financial intrigue, you will love this book. The real beauty of it, however, is that you don't need to be a stock broker or lawyer to follow the story. Thrills galore!
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3 of 3 people found the following review helpful:
4.0 out of 5 stars Recommended for all Wall Streeters, September 27, 2003
By 
Jeremy D. Weinstein (Walnut Creek, CA USA) - See all my reviews
(REAL NAME)   
This review is from: The Velocity of Money: A Novel of Wall Street (Mass Market Paperback)
The villain is modeled on Marc Rich; coincidentally I read it and started corresponding with the author just a week before Clinton pardoned Rich. A great anthropological study of the trading subsculture at the end of the 20th century. Very good, and especially great if you're an in-house counsel at a major house who works with derivatives.
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3 of 3 people found the following review helpful:
4.0 out of 5 stars It couldn't be this easy--could it?, January 10, 1998
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This book is enough to make even the most risk-taking, microcap, emerging-markets, junk-debt investor stuff his cash under the mattress. An all-too-plausible scheme to crash the market by program-trading and then collecting the proceeds with a massive option bet. The story is propelled by the usual cloke-and-dagger, regular-guy-hero-smells-a-rat narrative. But it moves along briskly and never gets sufficiently stupid to distract you from the financial machinations that are the guts of the plot. Significantly more intelligent than the average thriller.
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