Den of Thieves by James B. Stewart

Den of Thieves

by James B. Stewart

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Business & FinanceCrime & Justice

If you've ever wondered how the 1980s takeover boom made so many people so rich so fast, the answer is stolen information. Stewart walks you through how Milken, Boesky, Siegel and Levine wired the junk-bond desks to the arbitrageurs, and how prosecutors took the ring apart one informant at a time.

Core ideas
  • Stolen edge: The returns weren't skill. They came from knowing about deals before the market did.
  • A conspiracy first: Once one insider started talking, the rest of the ring came apart in sequence.
  • Who gets charged: When prosecutors need insiders to turn, that dependence decides which cases get brought at all.
Published1991
Pages592
ISBN9780671792275
ReadSep 2026

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