Trading Secrets

Looking at how the "Walls Street Journal" is put together and revealing the personalities and corporate culture that make up the Wall Street institution, this book features a firsthand account of the "Heard On The Street" column scandal

It was cause for uncommon concern in the financial community when a staff writer for the Wall Street Journal was accused of profiting from advanced disclosure of the contents of his stock market column. Winans chronicles events of the scandal from his starting days at the Journal in 1981 through his fraud conviction in 1985. During these years, as he was developing into a respected financial journalist, he made the acquaintance of a stockbroker named Peter Brant. According to Winans, Brant proposed the trading scheme that led to their ruin. Writing with an omniscient style that would befit a novelist, Winans reveals details about the newspaper and other participants that make this a thoroughly engrossing story. A lasting contribution to Wall Street lore, this is sure to be popular. Joseph Barth, U.S. Military Acad. Lib., West Point,
Copyright 1986 Reed Business Information, Inc.