Title: Serpent on the Rock
Publisher: HarperBusiness, New York
Publication Date: 1995
Binding: Hard Cover
Book Condition: Very Good +
Dust Jacket Condition: Very Good +
Signed: Signed by Author
Edition: First Edition
First edition, stated; first printing, full number line. Signed by the author on the title page: "Kurt Eichenwald." A hard-hitting analysis of Prudential-Bache's corporate shenanigans during the 1980s and early 1990s. Quarterbound in gray paper-covered boards with a black cloth, gold-lettered spine. Book is tight and unmarked; spine slant; one corner, tail of spine bumped. The dust jacket is not price-clipped (original price $27.50); light edgewear at spine ends, corners; "Autographed Copy" sticker on front panel. Brodart protected. Bookseller Inventory # 002624
Synopsis: During Wall Street's crime wave in the 1980s, no single brokerage firm, banker, or trader destroyed the financial security of more people than Prudential Bache Securities. Investigating the story for The New York Times, Eichenwald obtained documents which eluded the SEC and criminal prosecutors. Here he tells the shocking true story behind this scandal. Photos.
From the Publisher:
"Eichenwald presents an appalling indictment of the firm's managers, who did dozens of deals with a convicted embezzler, spent millions of investors' dollars on lavish trips to places like Cancun and Maui and made cozy arrangements with developers to make themselves rich no matter how their clients fared. By the time readers finish this well-reported tale, they'll want to string Pru[dential]'s managers up by their power ties." -- Newsweek
"Eichenwald's account of the nearly decade-long fraud perpetrated by Prudential Bache Securities is both an entertaining and an important work." -- Publishers Weekly
Kurt Eichenwald, an award-winning financial reporter for The New York Times, tells the explosive story behind Wall Street's most destructive scandal of the 1980s -- the massive securities fraud perpetrated by Prudential Bache.
Serpent on the Rock is a real-life thriller more compelling than anything Grisham has dreamed up. It is a 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 -- and names like Onassis and Bush number among the victims. Since the scandal broke, Prudential Bache has been forced to pay out hundreds of millions in damages and virtually all of the firm's senior executives have been brought under investigation.
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