Pulitzer Prize-winner James B. Stewart shows for the first time how four of the biggest names on Wall Street - Michael Milken, Ivan Boesky, Martin Siegel, and Dennis Levine - created the greatest insider-trading ring in financial history and almost walked away with billions, until a team of downtrodden detectives triumphed over some of America's most expensive lawyers to bring this powerful quartet to justice.
Based on secret grand-jury transcripts, interviews, and actual trading records, Den of Thieves weaves all the facts into an unforgettable narrative - a portrait of human nature, big business, and crime of unparalleled proportions.
©1991 James B. Stewart; (P)1991 Simon and Schuster, Inc.
I enjoyed this, but, as is explored in books (and book reviews) elsewhere, this account is widely regarded as biased against certain participants, in a way many say is not borne out by the later proceedings and statements of such people as investigators and prosecutors. Some of it reportedly came from a witness singing to protect himself, whose account some other authors have taken issue with. I believe this book was based on certain limited sources and came out before all that was fully sifted out. For its sake, it is a good evocation of the era. The scandal, and some injustices allegedly done by zealous prosecutors, is mentioned in a couple of other major books about Goldman Sachs, one of whose execs was caught up in it. Michael Milken also has his passionate defenders who give quite a different slant on the story.
Also, like "Liar's Poker," I am disappointed that only abridged versions are here.
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