Download Born to Steal: When the Mafia Hit Wall Street by Gary Weiss PDF

By Gary Weiss

ISBN-10: 0446528579

ISBN-13: 9780446528573

This is often the genuine tale of Staten Island badboy Louis Pasciuto's meteoric upward thrust to the head of Wall Street's infamous chop homes - by way of the award-winning journalist who broke it. Hood agents. per month million buck paychecks. Thirty-six hour cocaine binges. "Rocky" themed pep rallies. Run-ins with Mafia thugs toting Mac 10 desktop pistols. This was once the lifetime of Louis Pasciuto, a quick conversing Staten Island child who, from the age of nineteen to twenty-five, moved shares for 17 assorted brokerage homes - more often than not with no pretend license. This within account of the Mafia's infiltration of Wall road information Louis' profession because the consummate liar, promoting phantom shares to naive americans and prime a way of life priceless of Caligula. to prevent an extended legal sentence, Pasciuto finally turned country witness. Now, Gary Weiss stocks the interior tale of Wall Street's infamous "chop houses", most sensible referred to as the crooked Mob-run brokerages, the place rampant thievery netted numerous billion money from gullible traders

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Born to Steal: When the Mafia Hit Wall Street

This can be the genuine tale of Staten Island badboy Louis Pasciuto's meteoric upward push to the head of Wall Street's infamous chop homes - via the award-winning journalist who broke it. Hood agents. per 30 days million buck paychecks. Thirty-six hour cocaine binges. "Rocky" themed pep rallies. Run-ins with Mafia thugs toting Mac 10 laptop pistols.

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Additional resources for Born to Steal: When the Mafia Hit Wall Street

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Whoever they were, it was always first names and nicknames. Cigar. Dogs. Fat Man. As if they were schoolkids. And they traveled in gangs, like schoolkids and prisoners. Gangs of fat, stupid, violent, middle-aged men. Not Goodfellas. Not The Godfather. At times they seemed to Louis to be a kind of weird amalgam: The Sunshine Boys meets The Warriors. To the Guys, Louis was a piggy bank they would crack open, literally if need be, when necessary to get money. Louis would fill his piggy bank with other people’s money.

When we shook hands, I noticed something that surprised me. He was nervous. People like him weren’t supposed to be nervous. He spoke softly, with a New York street accent so thick I sometimes had difficulty understanding him. But I had no trouble understanding the contents of the large manila envelope he’d brought. It was an indictment. His indictment. It was impressive. Louis was not just another crooked broker who’d been rounded up in the crackdown on rogue brokers and their Mob partners. He’d come of age in the Wall Street Mafia.

Louis’s opinion of Joe Welch returned to equilibrium. He concentrated on the task at hand. “This pathetic bastard—I’m gonna rob him blind,” he said to himself. Louis tried to be honest with himself, because it was impossible to be honest with anyone else. He was going to steal from Joe Welch. That was why he came to Arizona. He had to focus on that. He wasn’t there to hike in Sabino Canyon—he hated the outdoors with a passion anyway—and he didn’t go there to buy cactus jam or Indian tamales outside the San Xavier Mission or visit the prairie dog colony at the Arizona-Sonora Desert Museum.

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