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Tip and Trade (How Two Lawyers Made Millions from Insider Trading)

List Price: $17.95
SKU:
9781550229868
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  • Product Details

    Author:
    Mark Coakley
    Format:
    Paperback
    Pages:
    392
    Publisher:
    ECW Press (April 1, 2011)
    Language:
    English
    Audience:
    General/trade
    ISBN-13:
    9781550229868
    ISBN-10:
    1550229869
    Dimensions:
    6" x 9" x 0.8"
    File:
    Eloquence-SimonSchuster_04022026_P9912986_onix30_Complete-20260402.xml
    Folder:
    Eloquence
    List Price:
    $17.95
    Pub Discount:
    65
    Case Pack:
    27
    As low as:
    $13.82
    Publisher Identifier:
    P-SS
    Discount Code:
    A
    Imprint:
    ECW Press
    Weight:
    16oz
  • Overview

    
    The story of a friendship that started in law school and ended with the largest insider trading scandal in Canadian history, this eye-opening chronicle reveals for the first time how Gil Cornblum and Stan Grmovsek worked together to rip off Wall Street and Bay Street for over $10 million.

    Cornblum would scout around his law offices in the middle of the night, looking for confidential information on mergers or takeovers. When he found something, he would tip off Grmovsek, who would make the stock market trades that would gain them illegal profits. From the joint investigation by the Ontario Securities Commission, the U.S. Securities and Exchange Commission, the Royal Canadian Mounted Police, and the FBI, to Cornblum’s resultant suicide and Grmovsek’s 39-month prison sentence, Tip and Trade covers the double lives of the twosome and their inevitable downfall.

    First-person interviews, conducted with Grmovsek from prison, give insight into what case prosecutors called a classic “Hollywood” insider trading tragedy.