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Inside Out By Dennis Levine

Inside Out
by Dennis Levine

In Stock
£5.49
Dennis Levine was arrested in 1986 for illegal insider-trading on Wall Street in a scandal that sent shock waves through the American economy. Here he describes his imprisonment and looks back over "a decade of shame" that ended with the downfall of many of the firms and colleagues he depicts.
6 in stock

Inside Out Summary


Inside Out: The Dennis Levine Story by Dennis Levine

Dennis Levine was a middle-class boy from the Queens district of New York. His financial acumen propelled him up through the tiers of Wall Street until at the age of 32 he was a managing director of Drexel Burnham Lambert, specializing in corporate take-overs. He was earning nearly $2 million a year, but his salary was insignificant compared with the gains he made from insider-trading and salted away in a secret bank account in Switzerland, unknown even to his wife. In detail Levine traces the deals that, with the help of accomplices such as Milken and Boesky, funded his life-style in a Park Avenue apartment decorated with Picassos. His addiction to the risks and thrills of his illegal operation - when his entire fortune was sometimes riding on the results of a take-over bid - was so great that even when he knew the SEC was getting suspicious he just couldn't stop trading. But officers of the bank where he was making his deposits were following his insider information on their own account and their "piggy-back" dealing eventually led to his detection and arrest in 1986. Levine describes his imprisonment and looks back over "a decade of shame" in Wall Street that ended with the downfall of many of the firms and colleagues he depicts.

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Additional information

GOR004734278
Inside Out: The Dennis Levine Story by Dennis Levine
Dennis Levine
Used - Very Good
Paperback
Cornerstone
1992-06-04
432
0099141019
9780099141013
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us.