Octopus

By Guy Lawson

Octopus - Guy Lawson
  • Release Date: 2012-07-10
  • Genre: True Crime
Score: 4
4
From 98 Ratings

Description

Octopus is a real-life thriller that tells the inside story of an audacious hedge fund fraud and the wild search, by a colorful cast of rogues and schemers, for a “secret market” beneath the financial market we all know.
 
Sam Israel was a man who seemed to have it all – until the hedge fund he ran, Bayou, imploded and he became the target of a nationwide manhunt.  Born into one of America’s most illustrious trading families, Israel was determined to strike out on his own.  So after apprenticing with one of the greatest hedge fund traders of the 1980’s, Sam founded his own fund and promised his investors guaranteed profits.  With the proprietary computer program he’d created, he claimed to be able to predict the future.
 
But his future was already beginning to unravel.
 
After suffering devastating losses and fabricating fake returns, Israel knew it was only a matter of time before his real performance would be discovered, so when a former black-ops intelligence operative told him about a “secret market” run by the Fed, Israel bet his last $150 million on a chance to make billions. Thus began his year-long adventure in “the Upperworld” -- a society populated by clandestine bankers, shady European nobility, and spooks issuing cryptic warnings about a mysterious cabal known as the Octopus.
 
Whether the “secret market” was real or a con, Israel was all in – and as the pressures mounted and increasingly sinister violence crept into his life, he struggled to break free of the Octopus’ tentacles.

Reviews

  • Wall Street Mystery Caper

    5
    By Pweber5
    Octopus is a great book. From the first page I couldn't put it down. it is meticulously researched, the interviews of the main players (especially Sam Israel) are conducted very well, and the financial jargon is explained in an interesting, readable way. What's awesome is that this book has something for everyone: it's an account of Wall Streets ever increasing delusion and dangerousness since the 1980's; a chronicle of a sophisticated financial con man's playbook; an international espionage thriller; and a good old-fashioned mystery. The best part? Well...I won't say, but the ending makes the reader wonder who really got conned on Wall Street--you can't make this stuff up. Highly recommended.
  • Octopus is an amazing read!

    5
    By BEArons
    Guy Lawson's writing of Sam Israel's unbelievable story is captivating. It does not take a person even interested in Wall Street to be entranced completely by this book. The fact that it is nonfiction is what is so shocking. Highly recommend this book. More from Guy Lawson please!