When considering a good read, not everyone reaches for a work of fiction. True stories can be equally riveting, and often just as difficult to put down. With this in mind, our friends at the New York Public Library helped us put together a list of the five best nonfiction books that will have you at the edge of your seat. All the books on this list were finalists for the New York Public Library's 2014 Helen Bernstein Book Award for Excellence in Journalism.
On Tuesday night at 10:00 pm EST,'Frontline' will air its 'To Catch A Trader' documentary about how the FBI investigated some of the biggest insider trading cases in the last decade. Of course billionaire Steve Cohen's hedge fund, SAC Capital, gets a l0t of attention.
By Insider Monkey: We follow hedge funds and corporate insiders because our research has shown that they have an edge over ordinary investors. Insiders understand their companies and the industry way better than other investors. Sometimes they even have material non-public information. Hedge funds sometimes also have access to the material non-public information. Trading on such information is not allowed by law, but there are still insiders and hedge fund managers who break the rules.
We've heard a rumor based on a source who claims to have seen it that billionaire hedge fund manager Steven Cohen, who runs SAC Capital Advisors, keeps a live and very large pig with a tattoo in his 35,000 square-foot Connecticut mansion.
The Securities and Exchange Commission sued billionaire hedge fund manager Steven Cohen for failing to supervise two portfolio managers at Stamford-based SAC Capital. The SEC is also seeking to bar Cohen from overseeing investor funds.
It’s been two decades since Michael Milken, aka “the junk bond king,” was sentenced to ten years in prison following a blockbuster insider trading investigation that shined a light on bad Wall Street behavior during the go-go 1980s. At the time, federal prosecutors hoped the Milken conviction, and that of his fellow Wall Street fraudster Ivan Boesky, would send a powerful message to Wall Street that there are serious consequences for insider trading.