Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street BY SHEELAH KOLHATKAR

Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street BY SHEELAH KOLHATKAR

About the book

This book is a thriller that delves into the story of Steven A. Cohen, one of the greatest traders of all time, and his fund, SAC Capital, which was the target of a government investigation that lasted for seven years. This book recalls the narrative of how a large firm was charged and ultimately pleaded guilty to an insider trading scheme. In the end, Steven A. Cohen was never charged for it.

This book answers questions probing into the wealth and power of people that stand on top of the finance industry and how their actions determined the economy. 

Review

This book offers a great narrative into the story of how rich people become even richer in the American finance industry. Black Edge recalls how a firm dealt with confidential information to turn market forces to their favor and made profits out of it. It illustrates how billionaires control the industry and, subsequently, politics. 

This book follows the story of a firm, Steven A. Cohen, and his employees as the public learn about the inside workings of a great firm that turned out to be a large fraud. 

About the Author

SHEELAH KOLHATKAR is a hedge fund analyst and staff writer at The New Yorker with pieces about Silicon Valley, Wall Street, and other things. He has been invited as speaker and commentator on economics and business issues at conferences and broadcast outlets. 

Table of Contents

PROLOGUE: THE FLIP

PART I

Chapter 1: Money, Money, Money

Chapter 2: What Stevie Wants, Stevie Gets

Chapter 3: Murderer’s Row

PART II

Chapter 4: It’s Like Gambling at Rick’s

Chapter 5: Edgy, Proprietary Information

Chapter 6: Conflict of Interest

Chapter 7: Stuff That Legends Are Made Of

PART III

Chapter 8: The Informant

Chapter 9: The Death of Kings

Chapter 10: Occam’s Razor

Chapter 11: Undefeatable

Chapter 12: The Whale

Chapter 13: Karma

Chapter 14: The Life Raft

PART IV

Chapter 15: Justice

Chapter 16: Judgment

EPILOGUE

CAST OF CHARACTERS

ACKNOWLEDGMENTS

NOTES AND SOURCES

INDEX