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

Octopus: Sam Israel, the Secret Market, and Wall Street's Wildest Con is a 2012 non-fiction book by the Canadian author and journalist Guy Lawson.[1] The book was published by Crown Publishing on July 10, 2012.

Octopus: Sam Israel, the Secret Market, and Wall Street's Wildest Con
AuthorGuy Lawson
LanguageEnglish
PublisherCrown Publishing
Publication date
July 10, 2012
Media typePrint (Hardback and e-book)
Pages368 ppg
ISBN0307716074

Synopsis

Octopus focuses on Wall Street trader Samuel Israel III, who attempted to commit hedge fund fraud by taking part in a "secret market" reported to have been run by the Federal Reserve. Lawson interviewed Israel for the book, commenting in an interview with CBS News that he was surprised at "how much truth there was to Israel's stories".[2] The book covers Israel's attempt to save his company Bayou as well as his attempt to fake a suicide.[3]

Reception

Critical reception for Octopus was mostly positive.[4][5][6] Fortune magazine praised Lawson for going "out of his way not to pass judgment on his subject, simply letting him spin an outrageous but definitely movie-worthy tale".[7] Rob Copeland of hedge fund magazine Absolute Return had a different take, calling the book "exhausting."[8] "Unlike the best in the narrative finance genre, this is a beach read with too few UV rays—leaving the reader cold," he wrote.

References

  1. "'Octopus' Review: Sam Israel, the Ponzi Schemer Who Got Duped". Daily Beast. Retrieved 29 September 2012.
  2. Glor, Jeff (July 10, 2012). ""Octopus: Sam Israel, the Secret Market, and Wall Street's Wildest Con," by Guy Lawson". CBS News. Retrieved 29 September 2012.
  3. Lawson, Guy (1 September 2012). "Get rich or (pretend to) die trying: The Wall Street trader who faked his own suicide". London: Independent. Retrieved 29 September 2012.
  4. Srodes, James. "BOOK REVIEW: 'Octopus'". Washington Times. Retrieved 29 September 2012.
  5. "Review: Octopus". Kirkus Reviews. Retrieved 29 September 2012.
  6. "Nonfiction Review: Octopus". Publishers Weekly.
  7. Reingold, Jennifer. "How a con artist got conned". Fortune. Retrieved 29 September 2012.
  8. "Octopus: An exhaustive—and exhausting—chronicle of Sam Israel's Bayou delusions - Institutional Investor's Alpha".
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