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Sam Israel, The Secret Market, And Wall Street's Wildest Con
Crown
July 2012
On Sale: July 10, 2012
368 pages ISBN: 0307716074 EAN: 9780307716071 Kindle: B00540P9YS Hardcover / e-Book
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Non-Fiction Biography
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 βsecret marketβ beneath the financial market we all know. Sam Israel was a man who seemed to have it all β until the hedge fund he ran, Bayou, imploded and he became the target of a nationwide manhunt. Born into one of Americaβs 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 1980βs, Sam founded his own fund and promised his investors guaranteed profits. With the proprietary computer program heβd 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 βsecret marketβ run by the Fed, Israel bet his last $150 million on a chance to make billions. Thus began his year-long adventure in βthe Upperworldβ -- a society populated by clandestine bankers, shady European nobility, and spooks issuing cryptic warnings about a mysterious cabal known as the Octopus. Whether the βsecret marketβ was real or a con, Israel was all in β and as the pressures mounted and increasingly sinister violence crept into his life, he struggled to break free of the Octopusβ tentacles.
 Media BuzzCBS This Morning - July 10, 2012
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