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Tip and Trade
Mark Coakley, Evan Munday, Barbara Hale-Seubert
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Ebook in PDF format. Available for immediate download after we receive your order
Also available in EPUB format
Ebook in PDF format. Available for immediate download after we receive your order
Also available in EPUB format
Publisher:
ECW Press
ECW Press
DRM:
Watermark
Watermark
Publication Year:
1969
1969
ISBN-13:
9781554909865
Description:
?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.
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.
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