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Lädt ... Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the Worldvon Tom Wright, Bradley Hope (Autor)
Corruption (3) Lädt ...
Melde dich bei LibraryThing an um herauszufinden, ob du dieses Buch mögen würdest. Keine aktuelle Diskussion zu diesem Buch. Extraordinary story about a Malaysian financier Jho Low who stole billions of dollars and threw staggering high profile parties with Leonardo Di Caprio and Paris Hilton. The money came from a Malaysian sovereign wealth fund sanctioned by the Malaysian kleptocrat Prime Minister Najib Razak and his wife Rosmah who bought millions of dollars of jewellery at a time. All of this was enabled by Goldman Sachs earning vast fees and turning a blind eye. ( ) The details of international banking flew over my head, but overall an extremely compelling read. The amount of research that went into this book must have been staggering, good on the authors and their research teams. Loved learning about the greed and hollywood celebrities and hopeful Jho Low and others are held accountable for this ridiculous amount of corruption and greed. For more reviews and bookish post visit: https://www.ManOfLaBook.com Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World by Tom Wright and Bradley Hope tells of one of the biggest financial heists in history. Misters Wright and Hope are Pulitzer-finalist Wall Street Journal, reporters. Jho Low, a Malaysian businessman, and Wharton graduate, who has been accused of stealing $4.5 billion from the Malaysian state development fund. Mr. Low has managed to fool not only public and Low is now a fugitive sought after by Interpol. He has been charged with offenses relating to money laundering in the US and Malaysia. This book impeccably researched the scandal instigated by Malaysian businessman Jho Low in connection with the 1Malaysia Development Berhad (1MDB). The book describes how Low, together with ex-Malaysian Prime Minister Najib Razak created a sovereign wealth fund that raised $10 billion. Eventually, half of the fund disappeared. Billion Dollar Whale by Tom Wright and Bradley Hope tells of the scam, the scandal, and the tax oversights which allowed Low to take huge amounts of money and live the life many can only dream of. Ironically, while throwing a huge party celebrating the movie The Wolf of Wall Street, its protagonist Jordan Belfort, told his girlfriend that the only people who spend money so frivolously are those who stole it. On second thought – maybe not ironic at all. The most fascinating aspect of the book, for me, was how all the financial safeguards either failed or were ignored due to greed and the large amounts involved. It seems that all were blinded by Low’s audacity, and the celebrities he surrounded himself with (many paid to show up). However, the book could be repetitive with many details which are retold several times. That is fine but seems to be overdone. The authors also tried to artificially insert a cliffhanger into the end of every chapter. That’s great if you’re doing a weekly series but there’s no need to do so in a book such as this. If anybody ever reads this to our current president (DJT), he is going to be more than a bit furious that there was this much better of a grifter operating at the same time as him, and on a much bigger scale, and with much happier an ending. The subtext, of course, is that banks operating with a motive to assist in crime will, um, crime, and that maybe we should look at that some day. But the authors seem as skeptical of that ever actually happening as I am. It's not the best book by Wall Street Journal reporters released in 2018, but if one is looking to understand how somebody could exploit corruption and gullibility in equal measure, than this is crucial. And if one is interested in the lives of certain callow, kind of awful, Oscar-winning actors, this will give insight into some of that also. keine Rezensionen | Rezension hinzufügen
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Business.
Politics.
True Crime.
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HTML:Named a Best Book of 2018 by the Financial Times and Fortune, this "thrilling" (Bill Gates) New York Times bestseller exposes how a "modern Gatsby" swindled over $5 billion with the aid of Goldman Sachs in "the heist of the century" (Axios). Now a #1 international bestseller, Billion Dollar Whale is "an epic tale of white-collar crime on a global scale" (Publishers Weekly), revealing how a young social climber from Malaysia pulled off one of the biggest heists in history. In 2009, a chubby, mild-mannered graduate of the University of Pennsylvania's Wharton School of Business named Jho Low set in motion a fraud of unprecedented gall and magnitudeâ??one that would come to symbolize the next great threat to the global financial system. Over a decade, Low, with the aid of Goldman Sachs and others, siphoned billions of dollars from an investment fundâ??right under the nose of global financial industry watchdogs. Low used the money to finance elections, purchase luxury real estate, throw champagne-drenched parties, and even to finance Hollywood films like The Wolf of Wall Street. By early 2019, with his yacht and private jet reportedly seized by authorities and facing criminal charges in Malaysia and in the United States, Low had become an international fugitive, even as the U.S. Department of Justice continued its investigation. Billion Dollar Whale has joined the ranks of Liar's Poker, Den of Thieves, and Bad Blood as a classic harrowing parable of hubris and greed in the financial world Keine Bibliotheksbeschreibungen gefunden. |
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Google Books — Lädt ... GenresMelvil Decimal System (DDC)364.16Social sciences Social problems and services; associations Criminology Crimes and Offenses Crimes of propertyKlassifikation der Library of Congress [LCC] (USA)BewertungDurchschnitt:
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