
Gripping Insider Account - This classic account of insider trading during the greed decade remains as riveting today as the day it was published. Prize-winning journalist James B. Stewart manages to turn an account of the arcane market manipulation that led to the 1987 crash into a page-turner with all the suspense of a detective novel. And while the main villains here - Michael Milken and Ivan Boesky - have faded off the public radar, their philosophical descendants at Enron, Tyco and Adelphia remind investors that greed and market manipulation will never go out of style. Stewart s richly detailed book is must reading for those who trust their careers or their savings to the markets. We recommend this withering account of over-the-top greed to anyone who works or invests on Wall Street.
Greed ain t so good - James Stewart s expose on the Wall Streets scandals of the go-go 80 s reads like the Oliver Stone film come to life. The stories of such high flying white collar crooks as Ivan Boesky and Michael Milken and how they met their downfall is nothing short of fascinating. These were guys whose genius made them wealthy beyond most people s wildest imaginations, but for whom enough was never enough. Stewart is a first rate journalist and having worked for the Wall Street Journal, he came to be intimately familiar with the particular villians and the heroic agents and prosecutors who caught them. Anyone with an interest in criminology or a few bucks invested in a high risk stock ought to read this.
Highly recommended - Easy for the Layman to Understand - James Stewart has a knack for storytelling. Even something that could be potentially dry as all get out he explains clearly and without a lot of hoopla. It is, what it is and that s the truth. Some people think his work is biased but I was knee deep in all of this when it was happening. I saw the after affects of all the mergers and buyouts. I worked in a large financial institution that provided some of the funding for these deals and I was able to see the deals up close and personal. Stewart doesn t exaggerate a thing so all you guys out there crying he s biased you need a reality check. What he documents is how corporate America lost its soul. How the average worker was further displaced, how corporate america quietly lost (and couldn t figure it out later) the loyalty of its work force. The affects of downsizing (reduction in force) are exacting a terrible price today. Ever wonder where customer service went. It went out the window when workers realized that 30 years with a company meant nothing and that a CEO could get paid 5 million for just being there and he didn t have to be competent. Read it and think about it especially now that some time has passed since it was first written and tell me you don t get a chill down your spine.
AWESOME. Reads like fiction. - This story is a classic one and everybody know it. But Stewart writes in an easy-to-read and compelling fashion that makes it like you re in the middle of the junk bond world of the 80 s. Educational, fun and a must read for those starting out in the financial world.
Ingenuity, greed, profiteering- This book has it all. - This book lays out all of the insider trading securities laws violations that were so prevalent in the 1980 s. Stewart writes in a way that is simple without being simplistic. Den Of Thieves is a fast-paced documentary that anyone will find enjoyable to read.