Tip and Trade
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| Author | Mark Coakley |
|---|---|
| Language | English |
| Genre | True crime |
| Publisher | ECW Press |
Publication date | April 2011 |
| Publication place | Canada |
| Pages | 381 pp. |
| ISBN | 978-1-55022-986-8 |
| OCLC | 676725216 |
Tip and Trade is a 2011 true crime book by Canadian author Mark Coakley, that depicts an insider trading conspiracy involving Wall Street lawyer Gil Cornblum who had worked at Sullivan & Cromwell and was working at Dorsey & Whitney, and a former lawyer, Stan Grmovsek, who were found to have gained over $10 million in illegal profits over a 14-year span. The crime was detected in 2008. Cornblum committed suicide by jumping from a bridge as he was under investigation and shortly before he was to be arrested but before criminal charges were laid against him, one day before his alleged co-conspirator Grmovsek pled guilty.[1][2][3] Grmovsek pleaded guilty and was sentenced to 39 months in prison;[4] this was the longest term ever imposed for insider trading in Canada.[5]
