Black Edge book cover

Black Edge by Sheelah Kolhatkar Summary

Black Edge
Sheelah Kolhatkar
4.2 (16498 Reviews)
Finance
Business
Economics
Обзор
Ключевые Выводы
Автор
Часто Задаваемые Вопросы

Overview of Black Edge

Dive into Wall Street's darkest scandal - how hedge fund titan Steven Cohen built an empire on "black edge" insider trading yet escaped prosecution. Called "a modern Moby-Dick with wiretaps" by The New York Times, this bestseller reveals why financial corruption remains virtually untouchable.

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Ключевые выводы

1

The Billionaire Who Outmaneuvered the Law

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In the summer of 2008, FBI Special Agent B.J. Kang sat in a nondescript surveillance van, listening to a wiretapped call that would eventually unravel one of Wall Street's most notorious insider trading networks. The conversation revealed advance knowledge of Akamai Technologies' disappointing earnings-information that would net billionaire Raj Rajaratnam over $5 million in illicit profits. But this was just the beginning. As investigators pulled on this thread, they discovered a much bigger target: SAC Capital Advisors and its enigmatic founder Steven Cohen, whose uncanny ability to be "always on the right side" of trades had long raised suspicions on Wall Street. Cohen's hedge fund operated with a ruthless efficiency that generated billions in profits but left a trail of ethical questions in its wake-questions that would eventually lead to the largest insider trading investigation in American history.

2

From Poker Tables to Trading Desks

3

The Information Empire

4

The Quarter-Billion Dollar Betrayal

5

The House of Cards Begins to Fall

6

The Secret Past and the Final Judgment

7

When Justice Falls Short

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"Reading used to feel like a chore. Now it’s just part of my lifestyle."

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254
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"Feels effortless compared to reading. I’ve finished 6 books this month already."

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"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

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