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Article: Inside Out: An Insider's Account of Wall Street.
- Article from:
- The Washington Monthly
- Article date:
- January 1, 1992
- Author:
CopyrightCOPYRIGHT 1992 Washington Monthly Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Inside Out: An Insider's Account of Wall Street. Dennis B. Levine with William Hoffer, Putnam, $22.95. Reading Dennis Levine's book about his life and crimes on Wall Street, it was hard not to think of that old phrase that accompanied the publication of memoirs by Watergate conspirators: Don't buy books from crooks.
Levine was the first in a line of investment bankers and traders brought down by insider trading charges in what was to become the scandal of all Wail Street scandals. Although he made more that $1 million a year as an investment banker with Drexel Burnham Lambert, Levine stole confidential information entrusted to investment bankers and used it for ...