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

AUTHOR Kolhatkar, Sheelah; Kolhatkar, Sheelah
PUBLISHER Random House Trade (01/23/2018)
PRODUCT TYPE Paperback (Paperback)

Description
NEW YORK TIMES BESTSELLER - A riveting, true-life legal thriller about the government's pursuit of billionaire hedge fund manager Steven Cohen and his employees at SAC Capital--a revelatory look at the power and wealth of Wall Street

ONE OF THE BEST BOOKS OF THE YEAR--The New York Times and The Economist - "An essential expos of our times--a work that reveals the deep rot in our financial system . . . Everyone should read this book."--David Grann, author of Killers of the Flower Moon

Steven A. Cohen changed Wall Street. He and his fellow pioneers of the hedge fund industry didn't lay railroads, build factories, or invent new technologies. Rather, they made their billions through financial speculation, by placing bets in the market that turned out to be right more often than not.

Cohen was revered as one of the greatest traders who ever lived. But that image was shattered when his fund, SAC Capital, became the target of a seven-year government investigation. Prosecutors labeled SAC a "magnet for market cheaters" whose culture encouraged the relentless pursuit of "edge"--and even "black edge," which is inside information--and the firm was ultimately indicted and pleaded guilty to charges related to a vast insider trading scheme. Cohen, himself, however, was never charged.

Black Edge raises urgent and troubling questions about those who sit at the pinnacle of high finance and how they have reshaped the economy.

Finalist for the New York Public Library's Helen Bernstein Book Award for Excellence in Journalism - Longlisted for the Andrew Carnegie Medal for Excellence in Nonfiction and the Financial Times and McKinsey Business Book of the Year Award

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Product Format
Product Details
ISBN-13: 9780812985795
ISBN-10: 0812985796
Binding: Paperback or Softback (Trade Paperback (Us))
Content Language: English
More Product Details
Page Count: 368
Carton Quantity: 24
Product Dimensions: 5.50 x 0.80 x 8.10 inches
Weight: 0.60 pound(s)
Feature Codes: Bibliography, Index, Price on Product
Country of Origin: US
Subject Information
BISAC Categories
Business & Economics | Finance - General
Business & Economics | Investments & Securities - General
Business & Economics | Corruption & Misconduct
Dewey Decimal: 364.168
Library of Congress Control Number: 2017301144
Descriptions, Reviews, Etc.
publisher marketing
NEW YORK TIMES BESTSELLER - A riveting, true-life legal thriller about the government's pursuit of billionaire hedge fund manager Steven Cohen and his employees at SAC Capital--a revelatory look at the power and wealth of Wall Street

ONE OF THE BEST BOOKS OF THE YEAR--The New York Times and The Economist - "An essential expos of our times--a work that reveals the deep rot in our financial system . . . Everyone should read this book."--David Grann, author of Killers of the Flower Moon

Steven A. Cohen changed Wall Street. He and his fellow pioneers of the hedge fund industry didn't lay railroads, build factories, or invent new technologies. Rather, they made their billions through financial speculation, by placing bets in the market that turned out to be right more often than not.

Cohen was revered as one of the greatest traders who ever lived. But that image was shattered when his fund, SAC Capital, became the target of a seven-year government investigation. Prosecutors labeled SAC a "magnet for market cheaters" whose culture encouraged the relentless pursuit of "edge"--and even "black edge," which is inside information--and the firm was ultimately indicted and pleaded guilty to charges related to a vast insider trading scheme. Cohen, himself, however, was never charged.

Black Edge raises urgent and troubling questions about those who sit at the pinnacle of high finance and how they have reshaped the economy.

Finalist for the New York Public Library's Helen Bernstein Book Award for Excellence in Journalism - Longlisted for the Andrew Carnegie Medal for Excellence in Nonfiction and the Financial Times and McKinsey Business Book of the Year Award

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Paperback