Billion dollar whale : the man who fooled Wall Street, Hollywood, and the world

Resource Information

The work Billion dollar whale : the man who fooled Wall Street, Hollywood, and the world represents a distinct intellectual or artistic creation found in Thunder Bay Public Library. This resource is a combination of several types including: Work, Language Material, Books.

Label

Billion dollar whale : the man who fooled Wall Street, Hollywood, and the world

Title remainder

the man who fooled Wall Street, Hollywood, and the world

Statement of responsibility

Tom Wright & Bradley Hope

Creator

• Wright, Tom

Contributor

• Hope, Bradley

Subject

• Low, Jho, 1981-
• Swindlers and swindling -- United States -- Biography
• Fraud -- United States
• Wall Street (New York, N.Y.)

Genre

• Biography

Language

eng

Summary

What does it take to steal $5 billion? In 2009, with the dust yet to settle on the financial crisis, a mild-mannered Wharton grad 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. His name is Jho Low, a man whose behavior was so preposterous he might seem made up. If Jho Low appeared shy on the surface, behind the scenes he was a big-talking, social-climbing huckster. Barely out of college, Low persuaded the prime minister of Malaysia, Najib Razak, to create an investment fund, known as 1MDB. Directing it from the shadows, Low raised more than $10 billion with the aid of Goldman Sachs and others, and over the next half decade siphoned off billions--money used to finance elections; to purchase luxury real estate; to produce Hollywood films, including The Wolf of Wall Street; and to throw champagne-drenched parties around the world. Low's largesse put him at the center of a world that included celebrities like Leonardo DiCaprio and Jamie Foxx, supermodels like Miranda Kerr, and even a major donor to President Obama. More staggering still, no one seemed to notice--not the global banks, who seemingly turned a blind eye to shady transfers of hundreds of millions of dollars, nor the official financial-system watchdogs. Tom Wright and Bradley Hope, award-winning Wall Street Journal reporters, have broken dozens of stories about the 1MDB affair. Now, for the first time, they reveal the complete inside story of one of the biggest financial heists in history. Billion Dollar Whale will join the ranks of Liar's Poker and Den of Thieves as a classic, harrowing parable of the financial world, hubris, and greed

Biography type

contains biographical information

Cataloging source

DLC

Illustrations

• illustrations
• plates

Index

no index present

Literary form

non fiction