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Tuesday, September 10, 2013

Circle of Friends: The Massive Federal Crackdown on Insider Trading - And Why the Markets Always Work Against the Little Guy

Charles Gasparino (Get this book)
A senior correspondent for Fox Business Network profiles the ongoing insider trading prosecutions that have secured convictions for more than 70 hedge fund traders. Gasparino describes his book as "an attempt to provide some perspective on what regulators view as the white-collar crime of the century." He details the investigations that have ensnared such multibillion-dollar outfits as Raj Rajaratnam's Galleon hedge fund and are closing in on Steve Cohen's huge SAC Capital. A thoughtful, provocative investigation and assessment.--Kirkus