Born to Steal: When the Mafia Hit Wall Street Gary Weiss
Hood brokers. Monthly million dollar paychecks. Thirty-six-hour cocaine binges. 'Rocky' themed pep rallies. Run-ins with Mafia thugs toting Mac 10 machine pistols. This was the life of Louis Pasciuto, a fast-talking Staten Island kid who, from age 19 to 25, moved stocks for 17 different brokerage houses - most of the time without even a fake licence. This inside account of the Mafia's infiltration of Wall Street details Louis' career as the consummate liar, selling phantom stocks to naive Americans and leading a lifestyle worthy of Caligula. To avoid a long prison sentence, Pasciuto eventually became state witness. Gary Weiss shares the inside story of Wall Street's notorious 'chop houses', best known as the crooked Mob-run brokerages, where rampant thievery netted several billion dollars from gullible investors.