My rating:
add to my books
Loading...
Serpent on the Rock
A real-life thriller—the story of kickbacks and payoffs, of shady deals struck in secret with known felons; a story in which half a million people lose enormous sums—some their life’s savings—in the largest securities fraud of the 1980s, with names like Onassis and Bush numbered among the victims.
Paperback, 528 pages
Published
December 18th 2007
by Broadway
(first published 1995)
There is a good chance some of your friends read this book. Sign in to see!
sign in »
Friend Reviews
To see what your friends thought of this book,
please sign up.
This book is currently not featured on any Listopia lists.
Add this book to your favorite list »
Community Reviews
(showing
1-30
of
97)
Another very interesting report from Kurt Eichenwald. I was amazed by the sheer dishonesty of many of the players involved - all for power and to line their own pockets. Many believed that what they were doing was wrong at all. The story reports on Prudential Insurance and their purchase of Bache Securities. The newly formed security company basically put together extremely risky deals and marketed them to conservative investors. Many lost thousands of dollars when the deals all folded. Wi...more
Interesting take on a story I didn't know much about. Prudential Insurance wasn't something I knew anything about, but I will say that many of the themes in the story have resurfaced in the last year in a way that makes me believe we are not done seeing this story play out yet again at a later time.
it is a very good story of how the economy works and the intricate laws of tax sheltering
First of all, I will never do business with Prudential after reading this book. It is an excellent case study on how investing can go wrong when investors get complacent and brokers get greedy. Bottom line - if something sounds too good to be true, it usually is. Be careful where you invest your money and ask lots of questions.
Great book - learned a lot about an industry I wasn't familiar with and am still amazed at the behind the scenes look at the corporate corruption.
Not as good as "Conspiracy of Fools," his masterpiece about Enron, but still interesting.
Adi
marked it as to-read
Anthony
marked it as to-read
Melissa
marked it as to-read
Julie
marked it as to-read
Jeff
added it
Shaun Munro
marked it as to-read
Kim Supranovich
added it
Brian Foltz
added it
Jeff
marked it as to-read
Scott Feldman
marked it as to-read
Virginia
marked it as to-read
Dale
marked it as to-read
Leigh
marked it as to-read
Andrew
added it
There are no discussion topics on this book yet.
Be the first to start one »
