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Black and White on Wall Street: The Untold…

Black and White on Wall Street: The Untold Story of the Man Wrongly…

by Joseph Jett

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Amazon.com Product Description (ISBN 0688161367, Hardcover)

The firsthand account of a black man's experiences on Wall Street -- by the person who was wrongly thrust into the center of its biggest scandal in years.

(retrieved from Amazon Thu, 12 Mar 2015 18:24:03 -0400)

In Black and White on Wall Street, Joseph Jett describes the combative environment of a Wall Street trading floor, where the driving forces are greed and competition, whatever the cost. For Jett, the price was his career, his reputation and the distinction of being a Wall Street pariah. Like James Stewart's Den of Thieves, Black and White on Wall Street reveals not only the excitement of the game but the Street's own brand of corruption as well. Its power-hungry, wildly rich players have their own set of rules and though Jett got caught in the crossfire, he isn't going down quietly. In 1994, Joseph Jett found himself at the center of one of the biggest Wall Street stories of the decade. Just months after naming him "Man of the Year" for heading a phenomenally successful bond-trading team, Kidder, Peabody & Co. accused him of recording $350 million in phony profits and taking more than $8 million in bogus bonuses. Jett was forced out of his job and charged with masterminding one of Wall Street's largest securities scams in a scandal that played out in newspaper headlines and television broadcasts for months. Jett's career was crushed in an onslaught of accusations from one of the most powerful corporations in America, Kidder's parent company, General Electric. His family, his childhood and his personal life became fodder for countless lurid media stories.… (more)

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