Description
THE HEDGE FUND INDUSTRY CHANGED FINANCE.
Its pioneers didn't lay railroads, build factories, or invent new technologies. Rather, they made their billions by placing bets in the market that turned out to be right more often than not. In hedge fund circles, Steven A. Cohen was revered as a god. But that image was shattered when his fund, SAC Capital, became the target of a seven-year government investigation. Prosecutors labelled SAC a magnet for market cheaters' whose culture encouraged the relentless pursuit of 'black edge' inside information - and the firm was ultimately indicted with charges related to a vast insider trading scheme. Cohen, himself, however, was never charged.
Black Edge is a riveting legal thriller that raises urgent questions about the power of wealth and the reach of justice in the modern world.
