The Hellhound of Wall Street

The Hellhound of Wall Street
Author: Michael Perino
Publisher: Penguin
Total Pages: 366
Release: 2010-10-14
Genre: Business & Economics
ISBN: 1101444444

A gripping account of the underdog Senate lawyer who unmasked the financial wrongdoing that led to the Crash of 1929 and forever changed the relationship between Washington and Wall Street. In The Hellhound of Wall Street, Michael Perino recounts in riveting detail the 1933 hearings that put Wall Street on trial for the Great Crash. Never before in American history had so many financial titans been called to account before the public, and they had come within a few weeks of emerging unscathed. By the time Ferdinand Pecora, a Sicilian immigrant and former New York prosecutor, took over as chief counsel, the investigation had dragged on ineffectively for nearly a year and was universally written off as dead. The Hellhound of Wall Street provides a minute-by-minute account of the ten dramatic days when Pecora turned the hearings around, cross- examining the officers of National City Bank (today's Citigroup), particularly its chairman, Charles Mitchell, one of the best known bankers of his day. Mitchell strode into the hearing room in obvious disdain for the proceedings, but he left utterly disgraced. Pecora's rigorous questioning revealed that City Bank was guilty of shocking financial abuses, from selling worthless bonds to manipulating its stock price. Most offensive of all was the excessive compensation and bonuses awarded to its executives for peddling shoddy securities to the American public. Pecora became an unlikely hero to a beleaguered nation. The man whom the press called "the hellhound of Wall Street" was the son of a struggling factory worker. Precocious and determined, he became one of New York's few Italian American lawyers at a time when Italians were frequently stereotyped as anarchic criminals. The image of an immigrant lawyer challenging a blue-blooded Wall Street tycoon was just one more sign that a fundamental shift was taking place in America. By creating the sensational headlines needed to galvanize public opinion for reform, the Pecora hearings spurred Congress to take unprecedented steps to rein in the freewheeling banking industry and led directly to the New Deal's landmark economic reforms. A gripping courtroom drama with remarkable contemporary relevance, The Hellhound of Wall Street brings to life a crucial turning point in American financial history.

Confessions of a Wall Street Insider

Confessions of a Wall Street Insider
Author: Michael Kimelman
Publisher: Simon and Schuster
Total Pages: 368
Release: 2017-03-28
Genre: Business & Economics
ISBN: 1510713387

Although he was a suburban husband and father, living a far different life than the “Wolf of Wall Street,” Michael Kimelman had a good run as the cofounder of a hedge fund. He had left a cushy yet suffocating job at a law firm to try his hand at the high-risk life of a proprietary trader — and he did pretty well for himself. But it all came crashing down in the wee hours of November 5, 2009, when the Feds came to his door—almost taking the door off its hinges. While his wife and children were sequestered to a bedroom, Kimelman was marched off in embarrassment in view of his neighbors and TV crews who had been alerted in advance. He was arrested as part of a huge insider trading case, and while he was offered a “sweetheart” no-jail probation plea, he refused, maintaining his innocence. The lion’s share of Confessions of a Wall Street Insider was written while Kimelman was an inmate at Lewisburg Penitentiary. In nearly two years behind bars, he reflected on his experiences before incarceration—rubbing elbows and throwing back far too many cocktails with financial titans and major figures in sports and entertainment (including Leonardo DiCaprio, Alex Rodriguez, Ben Bernanke, and Alan Greenspan, to drop a few names); making and losing hundreds of thousands of dollars in daily gambles on the Street; getting involved with the wrong people, who eventually turned on him; realizing that none of that mattered in the end. As he writes: “Stripped of family, friends, time, and humanity, if there’s ever a place to give one pause, it’s prison . . . Tomorrow is promised to no one.” In Confessions of a Wall Street Insider, he reveals the triumphs, pains, and struggles, and how, in the end, it just might have made him a better person. Skyhorse Publishing, along with our Arcade, Good Books, Sports Publishing, and Yucca imprints, is proud to publish a broad range of biographies, autobiographies, and memoirs. Our list includes biographies on well-known historical figures like Benjamin Franklin, Nelson Mandela, and Alexander Graham Bell, as well as villains from history, such as Heinrich Himmler, John Wayne Gacy, and O. J. Simpson. We have also published survivor stories of World War II, memoirs about overcoming adversity, first-hand tales of adventure, and much more. While not every title we publish becomes a New York Times bestseller or a national bestseller, we are committed to books on subjects that are sometimes overlooked and to authors whose work might not otherwise find a home.

Conspiracy in the Streets

Conspiracy in the Streets
Author: Jon Wiener
Publisher: The New Press
Total Pages: 306
Release: 2020-09-15
Genre: Political Science
ISBN: 1620976714

THE TRIAL THAT IS NOW A MAJOR MOTION PICTURE Reprinted to coincide with the release of the new Aaron Sorkin film, this book provides the political background of this infamous trial, narrating the utter craziness of the courtroom and revealing both the humorous antics and the serious politics involved Opening at the end of 1969—a politically charged year at the beginning of Nixon's presidency and at the height of the anti-war movement—the Trial of the Chicago Seven (which started out as the Chicago Eight) brought together Yippies, antiwar activists, and Black Panthers to face conspiracy charges following massive protests at the 1968 Democratic National Convention in Chicago, protests which continue to have remarkable contemporary resonance. The defendants—Rennie Davis, Dave Dellinger, John Froines, Tom Hayden, Abbie Hoffman, Jerry Rubin, Bobby Seale (the co-founder of the Black Panther Party who was ultimately removed from the trial, making it seven and not eight who were on trial), and Lee Weiner—openly lampooned the proceedings, blowing kisses to the jury, wearing their own judicial robes, and bringing a Viet Cong flag into the courtroom. Eventually the judge ordered Seale to be bound and gagged for insisting on representing himself. Adding to the theater in the courtroom an array of celebrity witnesses appeared, among them Timothy Leary, Norman Mailer, Arlo Guthrie, Judy Collins, and Allen Ginsberg (who provoked the prosecution by chanting "Om" on the witness stand). This book combines an abridged transcript of the trial with astute commentary by historian and journalist Jon Wiener, and brings to vivid life an extraordinary event which, like Woodstock, came to epitomize the late 1960s and the cause for free speech and the right to protest—causes that are very much alive a half century later. As Wiener writes, "At the end of the sixties, it seemed that all the conflicts in America were distilled and then acted out in the courtroom of the Chicago Conspiracy trial." An afterword by the late Tom Hayden examines the trial's ongoing relevance, and drawings by Jules Feiffer help recreate the electrifying atmosphere of the courtroom.

Theft of a Nation

Theft of a Nation
Author: Gregg Barak
Publisher: Rowman & Littlefield
Total Pages: 227
Release: 2012
Genre: Law
ISBN: 1442207787

Theft of a Nation is a powerful criminological examination of Wall Street's recent financial meltdown. Through the lenses of white collar crime and victimology, the book presents a critical assessment of the economic and political elites who were responsible, shows how Americans were victimized, and assesses the resulting regulation.

Flash Boys: A Wall Street Revolt

Flash Boys: A Wall Street Revolt
Author: Michael Lewis
Publisher: W. W. Norton & Company
Total Pages: 288
Release: 2014-03-31
Genre: Business & Economics
ISBN: 0393244660

Argues that post-crisis Wall Street continues to be controlled by large banks and explains how a small, diverse group of Wall Street men have banded together to reform the financial markets.

A Random Walk Down Wall Street

A Random Walk Down Wall Street
Author: Burton Gordon Malkiel
Publisher: W. W. Norton & Company
Total Pages: 532
Release: 1996
Genre: Business & Economics
ISBN: 9780393315295

In the newest edition of his best-selling investment guide, Burton G. Malkiel maps a clear path through the dizzying array of new financial instruments in this era of high-risk investing. Now more than ever, this sure-footed, irreverent, and vastly informative volume is an indispensable "best buy" for personal money management. In A Random Walk Down Wall Street you will discover how to beat the pros at their own game and learn a user-friendly long-range investment strategy that tailors investors' financial objectives to their particular incomes at any age. New material covers the dynamic but risky markets in futures and options, takes a shrewd look at derivative-type securities, and offers strategies to reduce the tax bite from investment earnings.

Markets On Trial

Markets On Trial
Author: Michael Lounsbury
Publisher: Emerald Group Publishing
Total Pages: 347
Release: 2010-07-07
Genre: Social Science
ISBN: 0857242059

Since the mid-20th century, organizational theorists have increasingly distanced themselves from the study of core societal power centers and important policy issues of the day. This title addresses the global financial crisis debates.

Bad Blood

Bad Blood
Author: John Carreyrou
Publisher: Vintage
Total Pages: 354
Release: 2018-05-21
Genre: Business & Economics
ISBN: 1524731668

NATIONAL BESTSELLER • The gripping story of Elizabeth Holmes and Theranos—one of the biggest corporate frauds in history—a tale of ambition and hubris set amid the bold promises of Silicon Valley, rigorously reported by the prize-winning journalist. With a new Afterword covering her trial and sentencing, bringing the story to a close. “Chilling ... Reads like a thriller ... Carreyrou tells [the Theranos story] virtually to perfection.” —The New York Times Book Review In 2014, Theranos founder and CEO Elizabeth Holmes was widely seen as the next Steve Jobs: a brilliant Stanford dropout whose startup “unicorn” promised to revolutionize the medical industry with its breakthrough device, which performed the whole range of laboratory tests from a single drop of blood. Backed by investors such as Larry Ellison and Tim Draper, Theranos sold shares in a fundraising round that valued the company at more than $9 billion, putting Holmes’s worth at an estimated $4.5 billion. There was just one problem: The technology didn’t work. Erroneous results put patients in danger, leading to misdiagnoses and unnecessary treatments. All the while, Holmes and her partner, Sunny Balwani, worked to silence anyone who voiced misgivings—from journalists to their own employees.