Den of Thieves
Written by James B. Stewart
Narrated by Johnny Heller
4/5
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About this audiobook
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.
James B. Stewart
James B. Stewart is a columnist at The New York Times and the author of numerous books including the blockbuster Den of Thieves, Blood Sport, DisneyWar, and his most recent New York Times bestseller, Unscripted. He won the 1988 Pulitzer Prize for his reporting on the stock market crash and insider trading. He is a regular contributor to SmartMoney and The New Yorker. He is a professor of business journalism at Columbia University and lives in New York.
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Reviews for Den of Thieves
241 ratings3 reviews
- Rating: 2 out of 5 stars2/5An interesting story and I learned a lot, but it is more detailed than I needed. There are whole chapters where ten or more characters are introduced on every page. For me, even though I often love nonfiction finance stories, this kind of detail was a little overwhelming.> They had allowed Boesky to wind down his position only to encourage market stability, and to guarantee that the government would get paid its $100 million. It had never occurred to them that it would be interpreted as helping Boesky trade in advance on his own inside information that he was going to plead guilty and settle SEC charges.
- Rating: 3 out of 5 stars3/5In a nutshell, Den of Thieves recounts the largest insider-trading scandal in the all-about-me 1980s. It is what happens when all-out avarice collides with above-the-law arrogance. Everyone has a hazy remembrance of Milken, Siegel and Freeman (to name a few) but with thorough research Stewart's book keeps the details in sharp focus. Confessional: in this criminal climate we currently live in, I had a hard time reading about a group of individuals who had a blatant disregard for the law. Some things never change. I couldn't finish this book.
- Rating: 4 out of 5 stars4/5The whole thing came out of an anonymous letter within Merrill Lynch. It is impressive that the SEC ran with the story to the end, but very scary that they needed the tip to get things started. Also the sentences were laughably short for the amount of money involved.