Circle of Friends

Circle of Friends : The Massive Federal Crackdown on Insider Trading---and Why the Markets Always Work Against the Little Guy

3.35 (56 ratings by Goodreads)
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In Circle of Friends, bestselling, award-winning journalist Charles Gasparino - one of Wall Street's most knowledgeable observers - follows the FBI and SEC as they investigate and prosecute what may soon emerge as the most aggressive and broad reaching insider-trading case in the nation's history. A richly-textured, page-turning work of investigative journalism based on extensive reporting - including access to key players in both the Justice Department and on the Street - Circle of Friends chronicles this massive federal crackdown which has already led to five arrests and threatens to put some of the biggest names on Wall Street behind bars. Gasparino explores the gross inequality that has grown between individual and professional investors over the last twenty years, highlighting the vast information gap that favors professionals over amateurs, and the superwealthy over the rest of us. As in his previous books, Gasparino, names and brings a rich historical perspective to this subject.
A riveting work of narrative nonfiction as engrossing and explosive as the best thrillers Circle of Friends is a wake up call to the investing public and everyone concerned with inequality and its impact on our politics, our society, and our future.
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Product details

  • Hardback | 384 pages
  • 149.86 x 231.14 x 33.02mm | 544.31g
  • HarperCollins Publishers Inc
  • HarperBusiness
  • New York, United States
  • English
  • 0062096060
  • 9780062096067
  • 989,162

Review quote

"'Circle of Friends' is an insightful recap of how we got to the place where insider trading became the favorite target of regulators, and is a good guide on where it all goes from here as investigators continue to pursue SAC Capital Advisor's Steven A. Cohen." -- New York Post "Circle of Friends reads like a page-turning thriller." -- Connecticut Post
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About Charles Gasparino

Charles Gasparino is a senior correspondent for the Fox Business Network and the Fox News Channel, where he reports on major developments in the world of finance and politics. A former writer for the Wall Street Journal and Newsweek, he has also served as a columnist for the New York Post and The Huffington Post as well as a contributor to The Daily Beast, New York Magazine, and Forbes. Gasparino is a recipient of numerous business journalism awards, including the prestigious Investigative Reporters and Editors Award for The Sellout. His other noteworthy books include Blood on the Street and King of the Club.
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Rating details

56 ratings
3.35 out of 5 stars
5 5% (3)
4 46% (26)
3 30% (17)
2 14% (8)
1 4% (2)
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