Octopus

Sam Israel, the Secret Market, and Wall Street's Wildest Con

Lawson, Guy

Book - 2012
Average Rating: 3.5 stars out of 5.
Octopus
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Traces the story of an audacious hedge fund fraud and the manhunt for founder Sam Israel, who bet his final millions on a federal-run "secret market" society of clandestine bankers, shady European nobles, and spies tied to a mysterious cabal.

Publisher: New York : Crown Publishers, c2012
Edition: 1st ed
ISBN: 0307716074
9780307716071
Branch Call Number: HG4928.5 .L39 2012
Characteristics: xv, 352 p. ; 25 cm

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Jan 16, 2015
  • StarGladiator rated this: 2 stars out of 5.

To anyone knowledgeable about global finance, this is a bizarre book, mixing a bit of truth with considerable fiction. Probably, the number of 13 of the richest families exerting control is close to, or in actuality is, factual. But secret software systems are both silly and unnecessary, once you understand that the banks own the financial exchanges, clearinghouses and ratings companies, so who needs these secret computer systems? They already control everything! The American intel establishment was founded and created by the super-rich and their employees, not working parallel to them? [Just track who owns the NYSE, ICE, Markit Group, DTCC, Climate Exchange, et cetera, et cetera, et cetera, then just try to find out who owns the banks!]

Jan 24, 2014
  • capitalcity rated this: 2.5 stars out of 5.

Myth, delusion, irreality writ large; credulity to the max. Visiting a neighborhood in the financial Twilight Zone.

May 15, 2013
  • campbekn rated this: 5 stars out of 5.

I enjoyed the first half of the book - about Israel's journey in to the hedge fund market, much more than I did the second half, which reads much more like a thriller. That aside though, there is something for everyone in this novel.

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