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Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street

Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street (Paperback)

By Kolhatkar, Sheelah

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`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 `A tour de force of ground-breaking reporting and brilliant storytelling' - Jeffrey Toobin, New York Times bestselling author of AMERI...CAN HEIRESS `A work of major importance, it is also addictively readable-and horrifyingly compelling' - Jane Mayer, New York Times bestselling author of DARK MONEY 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, who build his hedge fund into a $15 billion empire on the basis of wizard-like stock trading, and who flies to work by helicopter and has built 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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ISBN 9780753552230
Released NZ 29 Jan 2018
Publisher Ebury Publishing
Format Paperback
Alternate Format(s) View All (1 other possible title(s) available)
62 In stock at publisher; ships 6-12 working days

Full details for this title

ISBN-13 9780753552230
Stock Available
Status In stock at publisher; ships 6-12 working days
Publisher Ebury Publishing
Imprint W H Allen
Released 29 Jan 2018
Publication Country United Kingdom United Kingdom
Format Paperback
Author(s) By Kolhatkar, Sheelah
Category Award Winning
True Crime
International Finance
Investment & Securities
Number of Pages 368
Dimensions Width: 126mm
Height: 198mm
Spine: 23mm
Dewey Code 364.168
Weight 250g
Interest Age 16+ years
Reading Age 16+ years
Library of Congress Hedge funds - United States, Global Financial Crisis, 2008-2009, Insider trading in securities - United States
NBS Text True Crime
ONIX Text General/trade;Professional and scholarly