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Den of Thieves

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Den of Thieves

By: James B. Stewart
Narrated by: Johnny Heller
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Summary

A #1 bestseller from coast to coast, Den of Thieves tells the full story of the insider-trading scandal that nearly destroyed Wall Street, the men who pulled it off, and the chase that finally brought them to justice.

Pulitzer Prize–winner James B. Stewart shows for the first time how four of the eighties’ 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, and containing explosive new revelations about Michael Milken and Ivan Boesky, Den of Thieves weaves all the facts into an unforgettable narrative—a portrait of human nature, big business, and crime of unparalleled proportions.
Banks & Banking Business Ethics Political Science Politics & Government True Crime White Collar & Corporate Crime Workplace & Organisational Behaviour Inspiring Wall Street
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It's only appropriate that such a massive, tangled web of crime has the huge book to match. In a good way, however, because there is so much to cover from individuals to institutions and you get a good understanding of it all. There are A LOT of players involved here which can be slightly confusing but the story is well worth committing the time to. It dragged a bit for me towards the end of the first act and it takes awhile for the resolution to get going but pretty great otherwise.

a worthwhile commitment

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An entertaining story of the insider trading schemes of the masters of Wall Street in the 80's. This story inspired the classic film Wall Street and some of the true details resemble aspects in the film that are truly remarkable. Much more detail and additional characters are obviously portrayed in the book which also goes into great lengths to detail the legal efforts to discover the integrated network and size of the insider trading that was pandemic in Wall Street.

The later half of the book is less entertaining with the excessive detail of court proceedings, lawyer manoeuvres, etc. But overall, learning about the key players at the time and the frauds they committed that enacted laws for unknown practices makes this book a quintessential part of learning financial history.

Real world Wall Street in the 1980's

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A story told in amazing detail, revealing the depth of greed that dominates Wall Street.

An (almost) incredible story!

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