Den of Thieves (novel)
Den of Thieves is a non-fiction book written by James B. Stewart and published in 1991. The book chronicles the insider trading scandals that rocked Wall Street in the 1980s, focusing primarily on the activities of Ivan Boesky, Michael Milken, Dennis Levine, and Martin Siegel.
The narrative details how these individuals amassed fortunes through illegal trading based on confidential information obtained through a network of informants and illicit deals. Stewart meticulously reconstructs their relationships, the methods they used to gather and trade on inside information, and the eventual investigation and prosecution that brought their schemes to light.
Den of Thieves provides a detailed look at the culture of greed and ethical lapses that permeated the financial industry during this period. The book also explores the legal and regulatory environment that allowed such activities to flourish and the challenges faced by law enforcement in uncovering and prosecuting these complex crimes. It is considered a seminal work on the subject of insider trading and financial crime.