Billion Dollar Whale

The Man Who Fooled Wall Street, Hollywood, and the World

  • Engels
  • 9780316436502
  • september 2018
  • Hardcover
  • 336 pagina's
Alle productspecificaties

Samenvatting

The dust had yet to settle on the global financial crisis in 2009 when an unlikely Wharton grad set in motion a fraud of unprecedented gall and magnitude--one that would come to symbolize the next great threat to the global financial system. The nuts and bolts of the scheme were shockingly simple: A young, big-talking, huckster persuaded the Prime Minister of Malaysia to create an investment fund that he would direct from the shadows, raised more than ten billion dollars from global investors with the aid of Goldman Sachs and others, and over the next half decade siphoned off no less than $5 billion: money used to finance elections; to purchase luxury real estate in London, New York, and Los Angeles; to produce Hollywood films, including The Wolf of Wall Street--and to throw champagne-drenched parties around the world. Low's largesse also won him friendships with Hollywood actors, Victoria's Secret models, and even with a member of President Obama's inner circle. More staggering still, no one seemed to notice--not the global banks, such as Goldman and J.P. Morgan, who turned a blind eye to shady transfers of hundreds of millions of dollars; and not the international auditors, central bankers, and official financial-system watchdogs. At the center of this fraud was Jho Low--a character so preposterous he seems made up. Federal agents who helped unravel Bernie Madoff's Ponzi scheme say the Jho Low affair, when its full contours become known, will become a textbook case for tracking transnational fraud in the modern age. BILLION DOLLAR WHALE will become a classic, harrowing parable about the financial world in the 21st century.

Recensie(s)

Well-researched and well-documented.... Reveals how Low used a bag of tricks, including financial fraud, to make himself seem more powerful, more influential, and more successful than he actually was... This is a must-read. --Booklist Wright and Hope transform their investigation of a mind-boggling financial fraud into a nonfiction thriller... This is an epic tale of white-collar crime on a global scale. --Publishers Weekly (starred review) The story of a massive international financial scandal... As the authors amply prove, the scandal reaches far beyond Low. To succeed, he relied on the naivete, greed, and generally immoral conduct of huge banks as well as corrupt governments. --Kirkus What a blast to read! A true life thriller that reads like a Hollywood movie, Billion Dollar Whale traces the exploits of the most mercurial, mysterious big player in history. Jho Low is Gatsby with twice the bank account and ten times the ambition, and the stories surrounding his exploits leap right off the page! --Ben Mezrich, New York Times bestselling author of The Accidental Billionaires and Bringing Down The House Even the most skilled fiction writer would have trouble conjuring the corrupt and colorful protagonist of Billion Dollar Whale. Bradley Hope and Tom Wright's gripping portrait of Jho Low and his enablers throughout the global financial system will both fascinate and enrage you. --Sheelah Kolhatkar, staff writer at The New Yorker and New York Times bestselling author of Black Edge Billion Dollar Whale does more than dissect a financial fraud of epic proportions; it takes the reader on a fascinating journey inside the heart of a con that was years in the making. Wright and Hope show how perception becomes reality in the hands of a consummate financial illusionist. Billion Dollar Whale proves once again that truth is stranger than fiction. --Gregory A. Coleman, retired FBI Special Agent; Case Agent, Wolf of Wall Street Investigation Wright and Hope deliver a scintillating and prodigiously reported tale of a globe-spanning modern Gatsby and his audacious fraud. --Jesse Eisinger, Pulitzer Prize-winning reporter for ProPublica and author of The Chickenshit Club

Productspecificaties

Inhoud

Taal
Engels
Bindwijze
Hardcover
Verschijningsdatum
september 2018
Aantal pagina's
336 pagina's
Illustraties
Met illustraties
ISBN13
9780316436502

Betrokkenen

Auteur
Bradley Hope Tom Wright
Uitgever
Little, Brown & Company

EAN

EAN
9780316436502

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Extra groot lettertype
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Studieboek of algemeen
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Boek
Specialisme
Bankwezen
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Hardcover
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Bindwijze: Hardcover
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