Sunday, April 6, 2014

BLACK FRIDAYS by Michael Sears

Finished We 4/2/14

Jason Stafford, two years in prison for a Wall Street fraud. Before prison, divorced wife and put most of his money in her account so that the feds couldn't get it. She reneged and kept the cash. She still has connection with her mother,  and Jason can steal deal with the older woman. He lives in a small apartment in Manhattan.
Five year old son, 'the Kid', with autism, and autism is the subtext of the novel

 Angie, Jason's ex-wife, alcoholic ex-underwear model. Lives in Louisiana

Jason is approached by Mr. Stockman to find out the details of one of their young traders, Sanders, who supposedly committed suicide. This guy was actually working for the feds to find out info about an insider operation.

The crime hinges on not recording loses on time. Jason did it once by mistakenly entering the wrong date. computer put it in the following year. This way he could hopefully make it up before declaring a loss.
The Big Crime was that a group of big investors were doing this on a large basis with a bunch of young traders.

Jason gets ten million from the Big Guy, Neil Wilkinson, 5 in trust for his son and five for himself. Wilkinson splits for Venezuela where is wife is from. No extradition with US.

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