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Billion Dollar Whale: The Man Who Fooled…
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Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World (edición 2018)

por Tom Wright (Autor), Bradley Hope (Autor)

MiembrosReseñasPopularidadValoración promediaMenciones
4961449,406 (3.72)9
Cómo un joven empresario logró estafar más de 5 mil millones de  dólares justo debajo de las narices de la industria financiera mundial. Una investigación sin precedentes escrita por los galardonados  periodistas de The Wall Street Journal, Tom Wright y Bradley Hope, sobre el fraude financiero más grande del siglo XXI. El polvo aún tenía que asentarse en la crisis financiera mundial en 2009  cuando  un improbable graduado de Wharton puso en marcha un fraude de agallas y magnitud sin precedentes, uno que simbolizaría la  próxima gran amenaza para el sistema financiero global. Los aspectos prácticos del plan eran sorprendentemente simples: Jho Low persuadió al primer ministro de Malasia para que creara un fondo  de inversión que dirigiría desde las sombras; recaudó más de 10 mil millones de dólares de inversores globales con la ayuda de Goldman Sachs y otras instituciones, y durante la siguiente media década  desviaron no menos de 5 mil millones de dólares. Dicho dinero fue utilizado para financiar elecciones, comprar propiedades de lujo  en Londres, Nueva York y Los Ángeles; producir películas de Hollywood, incluida El lobo de Wall Street, y hacer fiestas llenas de  champaña por todo el mundo. Su generosidad también le produjo amistades  con actores de Hollywood, como Leonardo DiCaprio, modelos de Victoria's  Secret, como Miranda Kerr, e incluso con un miembro del círculo íntimo del presidente Obama. Lo más asombroso fue que nadie pareció notarlo, ni los bancos globales, como Goldman y J. P. Morgan, que se hicieron de la vista gorda  frente a las oscuras transferencias de cientos de millones de dólares;  ni tampoco los auditores internacionales, banqueros centrales ni vigilantes del sistema financiero oficial. ENGLISH DESCRIPTION Named a Best Book of 2018 by the Financial Times and Fortune, this New York Times bestseller about the 1MDB scandal exposes how a "modern Gatsby" swindled over $5 billion with the aid of Goldman Sachs in "the heist of the century" (Axios). Now a #1 international bestseller, BILLION DOLLAR WHALE is "an epic tale of white-collar crime on a global scale" (Publishers Weekly, starred review), revealing how a young social climber from Malaysia pulled off one of the biggest heists in history. In 2009, a chubby, mild-mannered graduate of the University of Pennsylvania's Wharton School of Business named Jho Low set in motion a fraud of unprecedented gall and magnitude--one that would come to symbolize the next great threat to the global financial system. Over a decade, Low, with the aid of Goldman Sachs and others, siphoned billions of dollars from an investment fund--right under the nose of global financial industry watchdogs. Low used the money to finance elections, purchase luxury real estate, throw champagne-drenched parties, and even to finance Hollywood films like The Wolf of Wall Street. By early 2019, with his yacht and private jet reportedly seized by authorities and facing criminal charges in Malaysia and in the United States, Low had become an international fugitive, even as the U.S. Department of Justice continued its investigation. BILLION DOLLAR WHALE has joined the ranks of Liar's Poker, Den of Thieves, and Bad Blood as a classic harrowing parable of hubris and greed in the financial world.… (más)
Miembro:burritapal
Título:Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World
Autores:Tom Wright (Autor)
Otros autores:Bradley Hope (Autor)
Información:Hachette Books (2018), Edition: Illustrated, 400 pages
Colecciones:Tu biblioteca, Actualmente leyendo
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Etiquetas:to-read

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Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World por Tom Wright (Author)

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» Ver también 9 menciones

Mostrando 1-5 de 14 (siguiente | mostrar todos)
Extraordinary story about a Malaysian financier Jho Low who stole billions of dollars and threw staggering high profile parties with Leonardo Di Caprio and Paris Hilton. The money came from a Malaysian sovereign wealth fund sanctioned by the Malaysian kleptocrat Prime Minister Najib Razak and his wife Rosmah who bought millions of dollars of jewellery at a time. All of this was enabled by Goldman Sachs earning vast fees and turning a blind eye. ( )
  Matt_B | Sep 24, 2023 |
The details of international banking flew over my head, but overall an extremely compelling read. The amount of research that went into this book must have been staggering, good on the authors and their research teams. Loved learning about the greed and hollywood celebrities and hopeful Jho Low and others are held accountable for this ridiculous amount of corruption and greed. ( )
  hskey | Apr 13, 2023 |
For more reviews and bookish post visit: https://www.ManOfLaBook.com

Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World by Tom Wright and Bradley Hope tells of one of the biggest financial heists in history. Misters Wright and Hope are Pulitzer-finalist Wall Street Journal, reporters.

Jho Low, a Malaysian businessman, and Wharton graduate, who has been accused of stealing $4.5 billion from the Malaysian state development fund. Mr. Low has managed to fool not only public and

Low is now a fugitive sought after by Interpol. He has been charged with offenses relating to money laundering in the US and Malaysia.

This book impeccably researched the scandal instigated by Malaysian businessman Jho Low in connection with the 1Malaysia Development Berhad (1MDB). The book describes how Low, together with ex-Malaysian Prime Minister Najib Razak created a sovereign wealth fund that raised $10 billion. Eventually, half of the fund disappeared.

Billion Dollar Whale by Tom Wright and Bradley Hope tells of the scam, the scandal, and the tax oversights which allowed Low to take huge amounts of money and live the life many can only dream of. Ironically, while throwing a huge party celebrating the movie The Wolf of Wall Street, its protagonist Jordan Belfort, told his girlfriend that the only people who spend money so frivolously are those who stole it.
On second thought – maybe not ironic at all.

The most fascinating aspect of the book, for me, was how all the financial safeguards either failed or were ignored due to greed and the large amounts involved. It seems that all were blinded by Low’s audacity, and the celebrities he surrounded himself with (many paid to show up).

However, the book could be repetitive with many details which are retold several times. That is fine but seems to be overdone. The authors also tried to artificially insert a cliffhanger into the end of every chapter. That’s great if you’re doing a weekly series but there’s no need to do so in a book such as this. ( )
  ZoharLaor | Mar 6, 2023 |
If anybody ever reads this to our current president (DJT), he is going to be more than a bit furious that there was this much better of a grifter operating at the same time as him, and on a much bigger scale, and with much happier an ending.

The subtext, of course, is that banks operating with a motive to assist in crime will, um, crime, and that maybe we should look at that some day. But the authors seem as skeptical of that ever actually happening as I am.

It's not the best book by Wall Street Journal reporters released in 2018, but if one is looking to understand how somebody could exploit corruption and gullibility in equal measure, than this is crucial. And if one is interested in the lives of certain callow, kind of awful, Oscar-winning actors, this will give insight into some of that also. ( )
  danieljensen | Oct 14, 2022 |
Always enjoy a story about a Wharton grad who keeps the brand for fraud up.
Book was written a bit too early as it missed the trials of the Goldman Sachs partners involved. ( )
  jcvogan1 | Aug 14, 2022 |
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Hope, BradleyAutorautor principaltodas las edicionesconfirmado
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Cómo un joven empresario logró estafar más de 5 mil millones de  dólares justo debajo de las narices de la industria financiera mundial. Una investigación sin precedentes escrita por los galardonados  periodistas de The Wall Street Journal, Tom Wright y Bradley Hope, sobre el fraude financiero más grande del siglo XXI. El polvo aún tenía que asentarse en la crisis financiera mundial en 2009  cuando  un improbable graduado de Wharton puso en marcha un fraude de agallas y magnitud sin precedentes, uno que simbolizaría la  próxima gran amenaza para el sistema financiero global. Los aspectos prácticos del plan eran sorprendentemente simples: Jho Low persuadió al primer ministro de Malasia para que creara un fondo  de inversión que dirigiría desde las sombras; recaudó más de 10 mil millones de dólares de inversores globales con la ayuda de Goldman Sachs y otras instituciones, y durante la siguiente media década  desviaron no menos de 5 mil millones de dólares. Dicho dinero fue utilizado para financiar elecciones, comprar propiedades de lujo  en Londres, Nueva York y Los Ángeles; producir películas de Hollywood, incluida El lobo de Wall Street, y hacer fiestas llenas de  champaña por todo el mundo. Su generosidad también le produjo amistades  con actores de Hollywood, como Leonardo DiCaprio, modelos de Victoria's  Secret, como Miranda Kerr, e incluso con un miembro del círculo íntimo del presidente Obama. Lo más asombroso fue que nadie pareció notarlo, ni los bancos globales, como Goldman y J. P. Morgan, que se hicieron de la vista gorda  frente a las oscuras transferencias de cientos de millones de dólares;  ni tampoco los auditores internacionales, banqueros centrales ni vigilantes del sistema financiero oficial. ENGLISH DESCRIPTION Named a Best Book of 2018 by the Financial Times and Fortune, this New York Times bestseller about the 1MDB scandal exposes how a "modern Gatsby" swindled over $5 billion with the aid of Goldman Sachs in "the heist of the century" (Axios). Now a #1 international bestseller, BILLION DOLLAR WHALE is "an epic tale of white-collar crime on a global scale" (Publishers Weekly, starred review), revealing how a young social climber from Malaysia pulled off one of the biggest heists in history. In 2009, a chubby, mild-mannered graduate of the University of Pennsylvania's Wharton School of Business named Jho Low set in motion a fraud of unprecedented gall and magnitude--one that would come to symbolize the next great threat to the global financial system. Over a decade, Low, with the aid of Goldman Sachs and others, siphoned billions of dollars from an investment fund--right under the nose of global financial industry watchdogs. Low used the money to finance elections, purchase luxury real estate, throw champagne-drenched parties, and even to finance Hollywood films like The Wolf of Wall Street. By early 2019, with his yacht and private jet reportedly seized by authorities and facing criminal charges in Malaysia and in the United States, Low had become an international fugitive, even as the U.S. Department of Justice continued its investigation. BILLION DOLLAR WHALE has joined the ranks of Liar's Poker, Den of Thieves, and Bad Blood as a classic harrowing parable of hubris and greed in the financial world.

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