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Tip and Trade: How Two Lawyers Made Millions from Insider Trading Paperback – April 1, 2011

4.0 out of 5 stars 1 customer review

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Editorial Reviews


"Riveting." —Globe and Mail (March 25, 2011)

About the Author

Mark Coakley is a former lawyer, soldier, and Greenpeace activist. He attended law school at the Osgoode Hall in the class one year behind Cornblum and Grmovsek. He lives in Hamilton, Ontario.

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Product Details

  • Paperback: 392 pages
  • Publisher: ECW Press (April 1, 2011)
  • Language: English
  • ISBN-10: 1550229869
  • ISBN-13: 978-1550229868
  • Product Dimensions: 6.2 x 0.9 x 9 inches
  • Shipping Weight: 1.4 pounds (View shipping rates and policies)
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #3,605,721 in Books (See Top 100 in Books)

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Right up front, this isn't a perfect book. The author makes the amateur mistake of being too present in his own book - he knew the subjects, Cornblum and Grmovsek, casually in law school, but that could have been mentioned in a preface and disposed of quickly - we don't need an account of his weeping at Cornblum's grave and it doesn't feel earned. Coakley also leans too heavily on reproducing original documents instead of digesting them for his readers - we don't need to read the juvenile back and forth contained in extracts from the law school newspaper they all worked on together, nor to review entire chapters of court transcripts. I found myself skimming these sections, which could be usefully pruned. Coakley's politics leak in a bit much, as well. I happen to share his politics, and didn't mind hearing his objections, for example, to the destruction of the natural environment by the mining companies in which the arch-Conservative Cornblum and Grmovsek invested - but his occasional, not always unwelcome diatribes might have been toned down a tad for the general audience.

On the other hand, what Coakley does well, he does very well, which is to present the two main characters in this sordid drama and the gripping events that led to their eventual arrests and - in the case of Cornblum, suicide.

Full disclosure - I knew Cornblum, and I cooperated with Coakley while he was writing this book, and he quotes me in a few places. He does so accurately, and appropriately. More than that, he does a terrific job capturing the miserable world in which Cornblum and I worked, the world of Sullivan & Cromwell, a big top-tier white-shoe NYC law firm. Coakley is also terrific at putting the distasteful character of Grmovsek, Cornblum's co-conspirator, on the page.
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