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Den of Thieves

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Confessional: in this criminal climate we currently live in, I had a hard time reading about a group of individuals who had a blatant disregard for the law. It certainly makes you wonder about the ethics in our society, but you are also forced to ask yourself if you were faced with a similar opportunity, how would you handle it.

A thriving medieval city of fifty thousand people, none of whom are fundamentally even decent, and who will gleefully stab you in the back. Julien Doran is back home in California, reeling from the discovery that not only do werewolves exist, but also that Eli Smith, the elusive man he can’t get off his mind, is one.The subtext of the whole book is "these horrible people did this horrible thing, and probably no one will ever do anything this horrible again". Having been lured to Drexel, Burnham as a senior executive (from Morgan, Stanley in 1986) only weeks before the scandals hit -- and having witnessed the lava-roast at that firm -- it amazes me how Mr. S. attorney's office, and Gary Lynch, the head of enforcement at the Securities and Exchange Lynch, the head of enforcement at the securities and exchange ness of crime on Wall Street after a decade of lax enforcement sometimes overwhelmed their resources.

Well, that seems like a pretty naive way for an experienced Wall Street Journal reporter to look at it. With the benefit of more than 20 years of subsequent history, the importance of Stewart's story is somewhat diminished.In his hands this is actually pretty riveting stuff and best of all is the access you get into the mind sets of those who committed these crimes.

Household names—Carnation, Beatrice, General Foods, Diamond Shamrock—vanished in takeovers that spawned criminal activity and violations of the securities laws. I was not aware, until reading this, the degree that Michael Milkin reigned supreme and the subserviency of Ivan Boesky’s role.

Stumbling on a dead body while paying off one last debt wasn’t part of the plan, but if he’s going to have any chance of a future—with or without Julien—he needs to track down the killer. But Den of Thieves still emerges as an important read for the present-day observer wondering what's wrong with the culture on Wall Street. If all it took was a major Wall Street scandal to bring down the center of United States financial institutions, it would have ended with the insider trading scandal covered in James Stewart's Den of Thieves. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites.

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