• Tip and Trade

  • How Two Lawyers Made Millions from Inside Trading
  • By: Mark Coakley
  • Narrated by: Christopher Prince
  • Length: 10 hrs and 40 mins
  • 2.8 out of 5 stars (8 ratings)

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Tip and Trade  By  cover art

Tip and Trade

By: Mark Coakley
Narrated by: Christopher Prince
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Editorial reviews

What could lead one successful lawyer to suicide and another to a 39-month prison sentence? Perhaps filching over $10 million dollars from Wall Street and the Canadian equivalent, Bay Street. The calm and assured voice of veteran performer Christopher Prince details all the ins and outs of the high stakes schemes Gil Cornblum and Stan Grmovsek conducted that made them first wildly rich, then ultimately the notorious poster boys for insider-trading. From Canadian author Mark Coakley, Tip and Trade: How Two Lawyers Made Millions from Insider Trading is a thorough examination of the largest insider-trading scandal in Canadian history.

Publisher's summary

The story of a friendship that started in law school and ended with the largest insider trading scandal in Canadian history, this eye-opening chronicle reveals for the first time how Gil Cornblum and Stan Grmovsek worked together to rip off Wall Street and Bay Street - the Canadian Wall Street equivalent - for over $10 million. Cornblum would scout around his law offices in the middle of the night, looking for confidential information on mergers or takeovers. When he found something, he would tip off Grmovsek, who would make the stock market trades that would gain them illegal profits.

From the joint internal investigation by the Ontario Securities Commission, the U.S. Securities and Exchange Commission, and the Royal Canadian Mounted Police Integrated Market Enforcement Team, to Cornblum’s resultant suicide and Grmovsek’s 39-month prison sentence, Tip and Trade covers the discovery of the double lives of the twosome and their inevitable downfall. First-person interviews, conducted with Grmovsek from prison, give insight into what case prosecutors called a classic "Hollywood” insider-trading history.

©2011 Mark Coakley (P)2012 Audible, Inc.

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Should have read the reviews:-/

I wanted to like this book. I invite you to read the other reviews to see why I stop listening.

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Written by a teenager?

This book could probably have been 80% shorter. Most of the book, at least the part I made thru, is quotations from irrelevant internet-posts the persons wrote.

Yes. The book is free. But that still does not make it good value for money, as your time is worth at least some? Get another book on the topic. There should be hundreds that are better

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    3 out of 5 stars

Interesting topic spoiled by authors personal agenda

Stopped reading about 75% in. The topic itself is interesting, and the details regarding the illegal trades are very thorough. But the book feels like the author’s platform to 1) settle an old grudge with his frenemies from school and 2) shamelessly drop in his own political opinions that aren’t really relevant to the story. With so many great books out there on this subject, I’m disappointed I spent time on this one.

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A gripping real life story

This book was awesome. Amazing how greed can overpower common sense for even very smart people! Great story

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