Tip and Trade is a 2011 true crime book by Canadian author Mark Coakley, that depicts an insider trading conspiracy involving Wall Street lawyer Gil Cornblum who had worked at Sullivan & Cromwell and was working at Dorsey & Whitney, and a former lawyer, Stan Grmovsek, who were found to have gained over $10 million in illegal profits over a 14-year span. The crime was detected in 2008. Cornblum committed suicide by jumping from a bridge as he was under investigation and shortly before he was to be arrested but before criminal charges were laid against him, one day before his alleged co-conspirator Grmovsek pled guilty.[1][2][3] Grmovsek pleaded guilty and was sentenced to 39 months in prison;[4] this was the longest term ever imposed for insider trading in Canada.[5]
Canada's national newspaper, The Globe and Mail, called Tip and Trade "riveting."[6] A review by Quill & Quire was negative, stating that "the reader gets the impression that Coakley himself barely cares about his subject."[7]Canadian Lawyer called it "compelling,"[8] and the Winnipeg Free Press called it "a helluva tale, if uneven in spots."[9]
Referencesedit
^"Insider trading and suicide in Canada: A buddy story". Reuters. 2009-10-28.
^Ex-Dorsey Partner Kills Himself on Eve of Insider Trading Deal
^PressReader - National Post (Latest Edition): 2010-01-08 - PRISON FOR INSIDE TRADER
^Forbes.com, "Canada insider trader may face 39 months in prison," Nov. 6, 2009[dead link]
^Schneider, Joe (Nov 6, 2009). "Grmovsek to Get 39-Month Sentence". Bloomberg. Retrieved 18 June 2013.
^Globe and Mail. . The Globe and Mail. Toronto. Archived from the original on 25 March 2012. Retrieved 2 August 2011.
^Rowe, Dan (2011-04-06). "Tip and Trade: How Two Lawyers Made Millions from Insider Trading". Quill and Quire. Retrieved 2 August 2011.
^Penny, Damian. . Canadian Lawyer. Archived from the original on 28 September 2011. Retrieved 2 August 2011.
^Stimpson, Mike (2011-05-07). "Insider trading a helluva a tale, if uneven in spots". Winnipeg Free Press. Retrieved 2 August 2011.
External linksedit
Author's website
January 01, 1970
trade, 2011, true, crime, book, canadian, author, mark, coakley, that, depicts, insider, trading, conspiracy, involving, wall, street, lawyer, cornblum, worked, sullivan, cromwell, working, dorsey, whitney, former, lawyer, stan, grmovsek, were, found, have, ga. Tip and Trade is a 2011 true crime book by Canadian author Mark Coakley that depicts an insider trading conspiracy involving Wall Street lawyer Gil Cornblum who had worked at Sullivan amp Cromwell and was working at Dorsey amp Whitney and a former lawyer Stan Grmovsek who were found to have gained over 10 million in illegal profits over a 14 year span The crime was detected in 2008 Cornblum committed suicide by jumping from a bridge as he was under investigation and shortly before he was to be arrested but before criminal charges were laid against him one day before his alleged co conspirator Grmovsek pled guilty 1 2 3 Grmovsek pleaded guilty and was sentenced to 39 months in prison 4 this was the longest term ever imposed for insider trading in Canada 5 Tip and TradeAuthorMark CoakleyCountryCanadaLanguageEnglishGenreTrue crimePublisherECW PressPublication dateApril 2011Pages381 pp ISBN978 1 55022 986 8OCLC676725216Reception editCanada s national newspaper The Globe and Mail called Tip and Trade riveting 6 A review by Quill amp Quire was negative stating that the reader gets the impression that Coakley himself barely cares about his subject 7 Canadian Lawyer called it compelling 8 and the Winnipeg Free Press called it a helluva tale if uneven in spots 9 References edit Insider trading and suicide in Canada A buddy story Reuters 2009 10 28 Ex Dorsey Partner Kills Himself on Eve of Insider Trading Deal PressReader National Post Latest Edition 2010 01 08 PRISON FOR INSIDE TRADER Forbes com Canada insider trader may face 39 months in prison Nov 6 2009 dead link Schneider Joe Nov 6 2009 Grmovsek to Get 39 Month Sentence Bloomberg Retrieved 18 June 2013 Globe and Mail Quick Reads The Globe and Mail Toronto Archived from the original on 25 March 2012 Retrieved 2 August 2011 Rowe Dan 2011 04 06 Tip and Trade How Two Lawyers Made Millions from Insider Trading Quill and Quire Retrieved 2 August 2011 Penny Damian Insider trading can be so easy Canadian Lawyer Archived from the original on 28 September 2011 Retrieved 2 August 2011 Stimpson Mike 2011 05 07 Insider trading a helluva a tale if uneven in spots Winnipeg Free Press Retrieved 2 August 2011 External links editPublisher s website Author s website Retrieved from https en wikipedia org w index php title Tip and Trade amp oldid 1156702796, wikipedia, wiki, book, books, library,
