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999 _c32839
_d32839
001 ocn966071597
010 _a 2016031776
020 _a9780812995800
040 _aUOWD
082 0 0 _a364.168092 KO BL
100 1 _aKolhatkar, Sheelah
_911722
245 1 0 _aBlack edge :
_binside information, dirty money, and the quest to bring down the most wanted man on Wall Street
_cSheelah Kolhatkar
260 _aNew York :
_bRandom House,
_cc2017.
300 _axx, 344 p. ;
_c25 cm.
504 _aIncludes bibliographical references (pages 307-336) and index.
505 0 _aMoney, money, money -- What Stevie wants, Stevie gets -- Murderers' Row -- It's like gambling at Rick's -- Edgy, proprietary information -- Conflict of interest -- Stuff that legends are made of -- The informant -- The death of kings -- Occam's razor -- Undefeatable -- The whale -- Karma -- The life raft -- Justice -- Judgment.
520 _a"Steven A. Cohen is a Wall Street legend. Born into a middle class family in a decidedly upper class suburb on Long Island, he was unpopular in high school and unlucky with girls. Then he went off to Wharton, and in 1992 launched the hedge fund SAC Capital, which grew into a $15 billion empire. He cultivated an air of mystery and reclusiveness -- at one point, owned the copyright to almost every picture taken of him -- and also of extreme excess, building a 35,000 square foot house in Greenwich, flying to work by helicopter, and amassing one of the largest private art collections in the world. But on Wall Street, he was revered as a genius: one of the greatest traders who ever lived. That public image was shattered when SAC Capital became the target of a sprawling, seven-year criminal and SEC investigation, the largest in Wall Street history, led by an undermanned but determined group of government agents, prosecutors, and investigators. Experts in finding and using "black edge" (inside information), SAC Capital was ultimately fined nearly $2 billion -- the largest penalty in history -- and shut down. But as Sheelah Kolhatkar shows, Steven Cohen was never actually put out of business. He was allowed to keep trading his own money (in 2015, he made $350 million), and can start a new hedge fund in only a few years. Though eight SAC employees were convicted or pleaded guilty to insider trading, Cohen himself walked away a free man. Black Edge is a riveting, true-life thriller that raises an urgent and troubling question: Are Wall Street titans like Steven Cohen above the law?"--
650 0 _aHedge funds
_xUnited States
_xHistory
_y21st century
_916720
650 0 _aGlobal Financial Crisis,
_y2008-2009
_93347
650 0 _aFinancial crises
_xUnited States
_y21st century
_xHistory
_916721
856 _uhttps://uowd.box.com/s/90z38a4n05g6hz1hq9d5myqrd3wywrsw
_zLocation Map
942 _2ddc
_cREGULAR
999 _b03219184