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Tip and trade : how two lawyers made millions from insider trading / by Mark Coakley.

Ebook Central College Complete Available online

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Format:
Book
Author/Creator:
Coakley, Mark.
Language:
English
Subjects (All):
Insider trading in securities--Canada.
Insider trading in securities.
Securities fraud--Canada.
Securities fraud.
Lawyers--Canada--Biography.
Lawyers.
Stockbrokers--Canada--Biography.
Stockbrokers.
Physical Description:
1 online resource (393 p.)
Edition:
1st ed.
Place of Publication:
Toronto, Ont. : ECW Press, 2011.
Language Note:
English
Summary:
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—the Canadian Wall Street equivalent—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 internal investigation by the Ontario Securities Commission, the U.S. Securities and Exchange Commission, and the Royal Canadian Mounted Police Integrated Market Enforcement Team to Cornblum's resultant suicide and Grmovsek's 39-month prison sentence, Tip and Trade covers the discovery of 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 history.
Contents:
pt. 1. Fall and winter 2007
pt. 2. 1990-94
pt. 3. 1994-98
pt. 4. 1999-2003
pt. 5. 2004-06
pt. 6. Spring and summer 2007
pt. 7. 2008
pt. 8. 2009
pt. 9. 2010.
Notes:
Description based on publisher supplied metadata and other sources.
"The publication of Tip and Trade has been generously supported by the Canada Council for the Arts ... by the Ontario Arts Council, by the OMDC Book fund, an initiative of the Ontarion Media Development Corporation and by the Government of Canada through the Canada Book Fund."
Includes bibliographical references.
ISBN:
1-55490-986-4
OCLC:
721194868

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