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Den of Thieves (Abridged) Audiobook
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(4.00) - 2,397 listener ratings
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Publisher Description
A number-one bestseller from coast to coast, Den of Thieves tells, in masterfully reported detail, the full story of the insider-trading scandal that nearly destroyed Wall Street, the men who pulled it off, and the chase that finally brought them to justice. Pulitzer Prize winner James B. Stewart shows for the first time how four of the biggest names on Wall Street -- Michael Milken, Ivan Boesky, Martin Siegel, and Dennis Levine -- created the greatest insider-trading ring in financial history and almost walked away with billions, until a team of downtrodden detectives triumphed over some of America's most expensive lawyers to bring this powerful quartet to justice.
Based on secret grand jury transcripts, interviews, and actual trading records, and containing explosive new revelations about Michael Milken and Ivan Boesky written especially for this paperback edition, Den of Thieves weaves all the facts into an unforgettable narrative -- a portrait of human nature, big business, and crime of unparalleled proportions.
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"A brilliant book giving an unparalleled insight on the Insider Trading scandal of 1980's and the consequences of it. Must read if you want to learn how few investment bankers grew out of proportion through their crimes to become wealthiest and most powerful professionals in the America's history "
— Prats (4 out of 5 stars)
Quotes
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“As good a book on Wall Street as I have ever read…It is a fine, spicy tale. But to stop at that is to miss the book’s importance: it at long last gives us a full and true record of systemic criminal behavior in the financial markets.”
— New York Times -
“A fascinating account of the financial scandals that culminated in 1990…Blends narration and exposition so that we can follow the intricacies of finance and financial law without effort.”
— New Yorker -
“Battling through shrouds of secrecy, Mr. Stewart has done a masterful job of linking together the chief players in this lurid drama.”
— Economist -
“Stewart’s tale is like a novel you can’t put down but wish would end because it is so disturbing…It’s a story of the decade—a revealing, disturbing tale of what can happen when greed runs rampant.”
— Seattle Times
Awards
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A #1 New York Times bestseller
Den of Thieves Listener Reviews
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" it's about the mike milken era and junk bonds. pretty good "
— Juan, 2/20/2014 -
" Nice book to read. Gives inside information about stock scandal & inside trading. A must read for people who invest in stocks. "
— Deepika, 2/14/2014 -
" An amazingly detailed history of the S&L and junk bond scandals of the '80s. You won't be able to put this one down. "
— Monty, 2/8/2014 -
" Fascinating story of Siegel, Boesky and Milken. The labyrinthine legal chase in the 2nd half was amazing. "
— Sean, 1/31/2014 -
" I can't believe Jimmy Stewart had such insight into the world of financial journalism. The guy blows me away. "
— Paul, 1/26/2014 -
" Shocking documentation of greed on Wall Street in the "greed is good" era-- I imagine things are not that much different these days, given the recent private equity boom and bust and implosion of mortgage-backed securities "
— Daysun, 1/22/2014 -
" Anothe classic on finance. A must read, as the story always repeat itself. "
— Joel, 1/19/2014 -
" Fantastic book. Manages to explain very complicated trading schemes so that even I could understand them. "
— Zechy, 1/17/2014 -
" Excellent, detailed and well-written account of the Milken/Boesky era of high crime on Wall Street, plus the federal prosecutors who brought them down. The 1980s junk bond market resembles (VERY closely) the mortgage-backed securities market that started our current troubles. "
— Salli, 12/14/2013 -
" Intriguing portrait of greed-soaked Wall Street in the 80's, starring Michael Milken and his billionaire buddies. Non-fiction. Written by a Wall Street Journal reporter with a trenchant style. "
— Gerilyn, 11/1/2013 -
" A sad but important story of insider trading that reveals the subtle sophistication of high flying thieves. "
— Troy, 10/31/2013 -
" How government conflicts with business is the major cause of fraud. "
— Dan, 10/29/2013 -
" I could only ready 200 pages of this 500 page book, but what I read was extremely fascinating. It just began to get too technical (it is about the insider trading scandals that plagued the stock market in the 1980's) "
— Christine, 10/23/2013 -
" True story about the insider trading scandal that rocked Wall Street in the 1980s. "
— Aaron, 8/9/2013 -
" Dry at times, but I learned a lot. "
— Leora, 7/28/2013 -
" Great book, easy read, sheds light on just how frenetic dealing with money on wall street can be. "
— Omar, 6/28/2013 -
" Excellent!!! Highly recommend for anyone who enjoys reading about Wall Street. If you liked Liar's poker you'll love this. It's interesting to read this knowing what Michael Milken is up to now... "
— Jesse, 6/25/2013 -
" If you like the feeling of 'earning' obscene amounts of money while engaging in nefarious activities, then this is the book for you (hehe). All about the heady days of junkbond trading in the 80's on wallstreet. "
— YFC, 6/22/2013 -
" It's a bit long, but a good piece of business journalism. "
— Nate, 3/15/2013 -
" Wallstreet has always been up to the same old things, this book is years old and the same thing is still going on. This book oepned my eyes in a GREAT WAY. "
— Tony, 1/17/2013 -
" I loved this book. James Stewart is one of the best nonfiction writers in the world. This tangled story of junk bonds and insider trading couldn't be more enthralling or enraging. "
— Alex, 1/8/2013 -
" The greatest exploration of illegal insider operations on Wall Street. The book tells about rise & fall of some famous & respectable corporations & people in the end of 1980's. "
— Valeriy, 4/10/2012 -
" My favorite nonfiction writer. An intricate story told in the simplest of ways. "
— Hasan, 1/29/2012 -
" At times, particularly in the first section, this book was dry and excruciatingly detailed. However, once the government starts busting heads, the payoff really begins. I'm a fan of stories of hubris and comeuppance, so I enjoyed it, but I don't anticipate I'll read it again. "
— Sarah, 6/9/2011 -
" Excellent re-creation of a crazy time on Wall Street. "
— Duff, 5/19/2011 -
" An amazing book about how junk bonds overwhelmed corporate finance for a brief period. Sounds dry, but it's really fascinating. "
— Dave, 3/26/2011 -
" This is a fascinating look at the 1980's securities industry and reads like a thriller... "
— Katie, 2/23/2011 -
" Dry at times, but I learned a lot. "
— Leora, 1/13/2011 -
" I loved this book. James Stewart is one of the best nonfiction writers in the world. This tangled story of junk bonds and insider trading couldn't be more enthralling or enraging. "
— Alex, 1/13/2011 -
" Great first half of the book and then it drags on for the entire second half. Should have been shorter and would have gotten a higher ranking. Very interesting story though. "
— William, 12/29/2010 -
" Wallstreet has always been up to the same old things, this book is years old and the same thing is still going on. This book oepned my eyes in a GREAT WAY. "
— Tony, 9/17/2010 -
" Wow. Just... wow. I had a hard time putting this book down. I wonder how many more times our economy has to be screwed over by a few selfish, unscrupulous men before some more radical changes happen? "
— Incoherent, 3/24/2010 -
" The rise and fall of Michael Milken, Ivan Boesky and Drexel. "
— Chip, 1/15/2010 -
" Enjoyed learning about the greed of the 80's and now I can act like I know what I'm talking about the next time the interesting topic of junk bonds comes up. Way too much detail though. At the end of the book I felt like one of the SEC lawyers who had been working on the case for 6 years. "
— Garett, 11/10/2009 -
" At times, particularly in the first section, this book was dry and excruciatingly detailed. However, once the government starts busting heads, the payoff really begins. I'm a fan of stories of hubris and comeuppance, so I enjoyed it, but I don't anticipate I'll read it again. "
— Sarah, 6/12/2009 -
" Great financial history book on the 80's. I can't believe this stuff actually happened. A fascinating book. "
— David, 6/4/2009 -
" I read this book in high school in my senior year. It is a great book not just for the in depth story of the junk bond era of Michael Milken and Ivan Boesky but about Wall St. & Finance during the 70's.<br/><br/> "
— Edrees, 6/3/2009 -
" Nice book to read. Gives inside information about stock scandal & inside trading. A must read for people who invest in stocks. "
— Deepika, 5/21/2009
About James B. Stewart
James B. Stewart is the author of numerous works, including the blockbuster Den of Thieves. He is a columnist for the New York Times and a professor at Columbia Journalism School. In 1988, he won a Pulitzer Prize for his reporting on the stock market crash and insider trading. Rachel Abrams, a former media reporter for the New York Times, is a senior producer and reporter for the television series The New York Times Presents. In 2018, she was part of a team that won the Pulitzer Prize for public service for reporting that exposed sexual harassment and misconduct.