Forced out of the work-hard, play-hard world of Wall Street following the Crash of ’87, financial analyst Cary Cimino was determined to maintain his lifestyle of luxury and ease. Under the guidance of dubious businessman Jeffrey Pokross, Cimino embarked on an illegitimate underground career as a “financial adviser” to naïve investors. Cimino’s small-time operation soon spiraled into a large-scale crime ring when he and Pokross were reunited and met with Mafia wiseguy Robert Lino. Together, and with the support of organized crime families, the three men devised a high-risk, high-return scheme to extort millions of dollars from a bevy of unsuspecting stockbrokers and investors—all in the name of the Mob. This is the uncut, untold story of one of the most elaborate conspiracies to rock Wall Street’s rigid foundation—a story centered around the Mafia, murder, and a load of money.

"Today's hearing might sound like an episode of The Sopranos, but it is not HBO. It is real. We are going to hear the true stories about people getting bilked out of their hard-earned money by the Mob. I know from my own experience as a special agent in the FBI that the Mob will go wherever a dollar is being made. Today that is Wall Street. So it is really not surprising that organized crime is trying to suck some of the life out of the blossoming securities markets. The M-O-B has gone back to school and gotten an MBA. The wiseguys are getting smart. They used to play ponies. Now they are playing the markets and investors for everything they are worth. When I was in the FBI investigating the organized crime in Boston, the Mob was in shipping, racketeering, garbage, loan sharking and good old-fashioned shakedowns. Now they are moving from the old economy to the new, but using the same old tactics of intimidation, extortion and manipulation." --- Congressman Michael G. Oxley

Wall Street today is focused laser-like on producing fast, huge profits principally for the benefit of financial firms top executives. The Money, the Mob and Wall Street is the story of Wade Simon, a standout basketball player from UNLV, who, after graduating from college, goes to work on Wall Street and eventually becomes the CEO of a Wall Street brokerage firm. There he is introduced to the world of fast-talking scam artists and white-collar criminals. The story takes you into the canyons of lower Manhattan and the backroom financial chop shops, where you will meet members of organized crime and their associates. You will see firsthand how the mob owns or controls brokerage firms on Wall Street through front men. You will meet Angelo Santinoan old-world Mafia don, who, after retiring from a life of street crime, became attracted to the easy money of Wall Streetand his partner, Albert Klinea Wall Street executive whose only goal in life was to make money, without regard for the people he had to cheat to accomplish that. The author has taken a serious subject and added his own sense of humor. The Money, the Mob and Wall Street allows you to see the dark side of the financial industry while taking you on a sometimes funny but adrenaline-filled ride through a neighborhood few of us ever get to see: Wall Street.

Witnesses: Thomas V. Fuentes, Chief, Organized Crime Section, Criminal Investigation Div., FBI; Barry R. Goldsmith, Exec. V.P., NASD Regulation, Inc., Office of Enforcement; Bradley W. Skolnik, Securities Commissioner, State of Indiana, Pres., North Amer. Securities Administrators Assoc., Inc.; and Richard H. Walker, Dir., Div. of Enforcement, Securities and Exchange Commission (SEC).

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.

The first book to apply economic theory to the analysis of all aspects of organised crime.

How did a nice Jewish boy from Brooklyn wind up running Wall Street swindles for the Mafia, hobnobbing with the big names of show business making and spending fortunes in a week--then turning informer for the U.S. Government and losing everything, including his own name and identity? It happened to Micheal Hellerman. the bright, well-educated son of a respected New York Banker. At age twenty-two, Mike was the whiz-kid of Wall Street, handling millions in corporate funds, moving on the fast track with some high class entertainers, rubbing soldiers with top politicians, financiers and mobsters. Making money was his passion and he didn't care much where it came from. He worked mind-boggling swindles, corrupting brokers in prominent Wall Street firms and using them to turn worthless shell corporations into $50 stocks overnight, calling on his friends in the Mafia for capital and protection. It was a fabulous racket, until the Feds got wise. Then Mike had to turn choose - turn informer for the government or spend the rest of his life in jail. Hellerman decided to sing. In this book he reveals what he told the government - a staggering tale of crime and corruption reaching into the highest circles of corporate finance and Washington Bureaucracy. He also describes the nerve wracking life of a protected witness with a mob contract out on his life - and his new beginnings under an assumed name and identity supplied by the government. Finally, Hellerman spells out in detail the shaky stock laws still on the books and shows how a clever crook can get around them to make millions under the table - all at the expense of small time investors. This is a book that unfolds like sensational fiction - but it's all true. What you will read here - Mike Hellerman's personal testimony - has already sent droves of men to jail and made Mike a fugitive from himself, and his past forever.