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NEW YORK TIMES BESTSELLER • “An important exposé of our instances—a piece that reveals the deep rot in our monetary system . . . Everyone ought to learn this e book.”—David Grann, creator of Killers of the Flower Moon
ONE OF THE BEST BOOKS OF THE YEAR—The New York Times and The Economist • Finalist for the New York Public Library’s Helen Bernstein Book Award for Excellence in Journalism
The hedge fund business modified Wall Street. Its pioneers didn’t lay railroads, construct factories, or invent new applied sciences. Rather, they made their billions by monetary hypothesis, by inserting bets in the market that turned out to be proper as a rule. In hedge fund circles, Steven A. Cohen was revered as one among the biggest merchants who ever lived. But that picture was shattered when his fund, SAC Capital, turned the goal of a seven-year authorities investigation. Prosecutors labeled SAC a “magnet for market cheaters” whose tradition inspired the relentless pursuit of “edge”—and even “black edge,” which is inside info—and the agency was in the end indicted and pleaded responsible to expenses associated to an enormous insider buying and selling scheme. Cohen, himself, nonetheless, was by no means charged. Black Edge is a riveting authorized thriller that raises pressing questions on the energy and wealth of those that sit at the pinnacle of excessive finance and how they've reshaped the economic system.
Longlisted for the Andrew Carnegie Medal for Excellence in Nonfiction and the Financial Times and McKinsey Business Book of the Year Award
“A contemporary model of Moby-Dick, with wiretaps fairly than harpoons.”—Jennifer Senior, The New York Times
“If you favored James B. Stewart’s Den of Thieves, Sheelah Kolhatkar’s thrilling Black Edge needs to be subsequent on your studying checklist.”—The Wall Street Journal
“Excellent.”—The Economist
“A real-life thriller with Shakespearian stakes . . . Her chilling account of a blighted business is as mesmerizing as a human story as it's as a monetary one.”—Fortune
“A tour de power of groundbreaking reporting and good storytelling.”—Jeffrey Toobin, New York Times bestselling creator of American Heiress
ONE OF THE BEST BOOKS OF THE YEAR—The New York Times and The Economist • Finalist for the New York Public Library’s Helen Bernstein Book Award for Excellence in Journalism
The hedge fund business modified Wall Street. Its pioneers didn’t lay railroads, construct factories, or invent new applied sciences. Rather, they made their billions by monetary hypothesis, by inserting bets in the market that turned out to be proper as a rule. In hedge fund circles, Steven A. Cohen was revered as one among the biggest merchants who ever lived. But that picture was shattered when his fund, SAC Capital, turned the goal of a seven-year authorities investigation. Prosecutors labeled SAC a “magnet for market cheaters” whose tradition inspired the relentless pursuit of “edge”—and even “black edge,” which is inside info—and the agency was in the end indicted and pleaded responsible to expenses associated to an enormous insider buying and selling scheme. Cohen, himself, nonetheless, was by no means charged. Black Edge is a riveting authorized thriller that raises pressing questions on the energy and wealth of those that sit at the pinnacle of excessive finance and how they've reshaped the economic system.
Longlisted for the Andrew Carnegie Medal for Excellence in Nonfiction and the Financial Times and McKinsey Business Book of the Year Award
“A contemporary model of Moby-Dick, with wiretaps fairly than harpoons.”—Jennifer Senior, The New York Times
“If you favored James B. Stewart’s Den of Thieves, Sheelah Kolhatkar’s thrilling Black Edge needs to be subsequent on your studying checklist.”—The Wall Street Journal
“Excellent.”—The Economist
“A real-life thriller with Shakespearian stakes . . . Her chilling account of a blighted business is as mesmerizing as a human story as it's as a monetary one.”—Fortune
“A tour de power of groundbreaking reporting and good storytelling.”—Jeffrey Toobin, New York Times bestselling creator of American Heiress
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