If Black Edge weren't about real life, it would be an uncomplicated pleasure to read. The book is many things: a Wall Street primer; a procedural drama; a modern version of Moby-Dick, with wiretaps rather than harpoons. Kolhatkar…expertly synthesizes an enormous amount of material, including court documents and hundreds of her own interviews. Cohen was not among them, alas…But his silence may also have been liberating to Kolhatkar, who was not psychologically constrained by gratitude to her subject for letting her in. She does not spare us her judgments of Cohen or of SAC Capital or of the hedge fund industry. They are not favorable.
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
1124650673
*
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
Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street
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
*
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
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Product Details
BN ID: | 2940172050916 |
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Publisher: | Penguin Random House |
Publication date: | 03/28/2017 |
Edition description: | Unabridged |
Sales rank: | 458,727 |
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