Nonfiction / Business & Economics / Leadership
Date de parution: May 1st 2003
Born to Steal
When the Mafia Hit Wall Street
The true story of Staten Island badboy Louis Pasciuto’s meteoric rise to the top of Wall Street’s notorious chop houses-by the award-winning journalist who broke it.
Hood brokers. Monthly million dollar paychecks. Thirtysix hour cocaine binges. “Rocky” themed pep rallies. Run-ins with Mafia thugs toting Mac 10 machine pistols. This was the life of Louis
Pasciuto, a fast-talking Staten Island kid who, from the age of
19 to 25, moved stocks for 17 different brokerage houses- most of that time without even a fake license. This inside account of the Mafia’s infiltration of Wall Street details Louis’ career as the consummate liar, selling phantom stocks to naive Americans and leading a lifestyle worthy of Caligula. To avoid a long prison sentence, Pasciuto eventually turned state’s witness.
Now, Gary Weiss shares the inside story of Wall Street’s notorious “chop houses,” the crooked Mob-run brokerages where rampant thievery netted several billion dollars from gullible investors.
Edition: Digital original