Black Edge

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

De: Sheelah Kolhatkar

Narrado por: Kaleo Griffith

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 exposé 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

©2017 Sheelah Kolhatkar (P)2017 Random House Audio

Reseñas de la Crítica

“A modern version of Moby-Dick, with wiretaps rather than harpoons.”—Jennifer Senior, The New York Times

“Excellent.”—The Economist

“If you liked James B. Stewart’s Den of Thieves, Sheelah Kolhatkar’s thrilling Black Edge should be next on your reading list.”—The Wall Street Journal

Interesting and detailed!

If you Follow non fiction financial crimes, this book will be a great edition to your collection. I'm always fascinated by these Wall Street types. Not that I admire them, but the back story of their lives that drives them to greed and cunning.

Great book

Narrator is good. Story is excellent.

Super interesting story. Hits my top genres of finance, true crime, and law. Very well done. Have listened to it about five times.

Loved it

What did you love best about Black Edge?

This was Billions in real life. It was stranger than fiction. I couldn't stop listening. So many crazy characters.

Interesting, depressing, and raises questions

A depressing book on what a giant flaming asshole Stevie Cohen is, and what a cesspool his eponymous firm was. Also depressing in that Stevie skated on all the charges, while at least some of his minions were given serious time (Cohen did not even have to go through the indignity of a trial). This is pretty much par for the course, and echoes in some ways "the Spider Network" (a better book) - comparing the two books shows that while the US system is screwed up, it is a model of efficiency and good sense compared to the cluster **** that is the UK political and legal "system".

On the other hand, one might ask: are insider trading laws really a good idea? Many people believe they are not - all they do is muck around with the free propagation of information (which is very difficult - really impossible, since for a company like Google, literally hundreds of people know the numbers before they are out, and you can't really blame them for trying to make a buck). This does not exonerate the lawbreakers, and yet...

Can’t. Believe it is nonfiction

This is a very scary view of the kind of things that go on in hedge funds. The common citizen does not have a chance against these giant cheaters in the market.

Phenomenally written

Could not put this book down. Very well written. Crazy story. Highly recommend this book to anybody that understands finance

Insightful Book

The narrator was great and the content equally good ! Learnt a lot about the hedge fund industry and SAC ! Would highly recommend

Great listen

This was a great listen, well put together from a lot of sources. Informative story. Great narration.

The attention to detail

Amazing book, the reader had great voice for type of book he was reading. Would recommend for anyone who is into investing.

much depth in the insider trading scandals

I like the book. I thought the author did well done research into the other trading scandals and walked us through a timeline of how the events occur and the pressures the stock Traders felt. It's unfortunate that Steve Cohen did not comment on the book but that is understandable. The atmosphere with the attorneys is exactly like I see it all the time. Nobody wants to lose a case and everybody wants to appear tough.