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Den of Thieves

Narrated by: Johnny Heller
Length: 19 hrs and 35 mins
4.5 out of 5 stars (19 ratings)

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Publisher's Summary

A number one best seller from coast to coast, Den of Thieves tells, in masterfully reported detail, 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 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 written especially for this new edition, Den of Thieves weaves all the facts into an unforgettable narrative - a portrait of human nature, big business, and crime of unparalleled proportions.

©2012 James. B. Stewart (P)2013 Simon & Schuster

What members say

Average Customer Ratings

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  • Overall
    4 out of 5 stars
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a worthwhile commitment

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.

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Real world Wall Street in the 1980's

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.

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  • Lars Tackmann
  • 23-10-2017

Awesome book

Awesome book detailing an era of unparalleled greed and organized crime rarely exposed in such detail. The persons becomes alive and you sense their character, rotten and flawed, yet human. The book could use an update with some of the later developments such as how the main criminal Michael Milken was allowed only to serve a few years of his 10 year sentence. Also it’s surprisingly suspicious how most of the involved are still highly rich, Milken even a billionaire to this day, even though they have all been banned from the industry. It could indeed be interesting with an update that covers these recent events. Nevertheless it’s a great book and a worthwhile listen.

10 of 10 people found this review helpful

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  • Nivaan Linhares
  • 05-06-2015

World of Wall Street

A superb tale giving chilling insights into the world of Wall Street. Highly recommend to anyone wanting to learn about insider trading, junk bonds and LBO's in the 80's

8 of 8 people found this review helpful

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  • Joe Bloggs
  • 24-06-2019

Screwed by the FBI

This is a story about how the FBI caught a few bad guy insider traders and screwed a few guys that mostly did not deserve the harsh punishment they got. It's a decent story I guess, but it also reeks of frustration and righteousness on the part of the FBI.
The author points out how the "bad guys" never showed regret or shame or even regret of anything other than getting caught. You sort of have to remind yourself that insider trading only screws over other traders and doesn't even affect long term investors. Once you realize this, you have a different perspective than the author.

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  • Bret Hellyer
  • 21-12-2018

Very telling story

I enjoyed the story of this book and it makes you question who is watching over the rich.

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  • Amazon Customer
  • 12-09-2018

Captivating story-line

The depth which "Den of Thieves" goes to explain the insider trading scandal of the 1980's is incredible. The amount of detail captured in this book makes the reader feel like he/she part of the story. This story illustrates how humans are imperfect and can be overcome with greed and winning. James Stewart, humanizes all of the characters by describing their flaws and shortcomings. Further, he describes the strong relationships they have with each other. Many people can relate to each character in some way or another. It is a great read and I would recommend it to anyone... even if they have a limited knowledge of financial markets.

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  • katherine
  • 04-09-2018

Autopsy of a story of greed and power intoxication

Very captivating and relevant, but you have to be patient for the reward as the set up for multiple players and situations can be and a bit boring weighted by the unavoidable traders lingo and technicalities

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  • Vlad Ig
  • 19-07-2018

Great insight

Definitely one of the most interesting book on the events it cover. Very well written and narrated.
Read it if you like this topic.

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  • Patrick
  • 09-07-2018

Long and Boring

I didn't enjoy this book. It was just an account of so many names of lawyers and bankers. It was a who's who of 80's wall street but not very interesting. Very little character development. It read like a series of news articles.

1 of 2 people found this review helpful

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  • Bradford
  • 11-04-2018

Unbelievable Book!

Great for anybody interested in the true, inner workings of Wall Street!
Even though the book is "Unabridged" it is the perfect legnth. Right as you think the book is starting to drag, they turn it around. Well done.

1 of 2 people found this review helpful

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    2 out of 5 stars
  • Trevor Edward Breen
  • 27-02-2015

Meh

Mildly entertaining but not that well written and full of conjecture. I wouldn't recommend unless you are bored and want to read a gossip book about finance.

6 of 18 people found this review helpful

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  • BDM
  • 11-11-2014

Long and Dry, but interesting

If you like to understand Wall St then this book gives you a great insider look into insider trading. A little long winded but still worth hanging in there.

2 of 3 people found this review helpful

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  • Esteban
  • 05-05-2019

Great read (or listen)

I was hooked to it from the start, amazing writing, hats off to James. No wonder he’s won the Pulitzer price!