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Vesco
(1987)From Wall Street to Castro's Cuba the Rise, Fall, and Exile of the King of White Collar Crime
A non fiction book by Arthur Herzog
Publisher's Weekly
Herzog's brilliantly researched story should win honors as one of the year's remarkable biographies. He exposes the amoral brutalities of Wall Street and corporate finagling in this era of mergers, takeovers and junk bonds. He traces the career of legendary Robert Vesco from his youthful formation of an airplane-parts company, ICC, and gimmicky exploitation of his growing ''big money'' reputation through banks in the Bahamas and the Caymans to his big couptaking control of Bernie Cornfield's multi-million dollar Investors Overseas Service at the beginning of the 1970s. By 1973, when the SEC went after him, Vesco had taken flight with some $240-million of IOS funds. His zig-zag life as a fugitive involved sojourns and escapes from the Bahmas and Costa Rica, and Herzog's scenario scarcely misses a beat right up to the remarkable last pagesHerzog's ultimate catching up with a nearlybroken Vesco in Cuba, where he now lives. Herzog is the author of 10 novels and four works of nonfiction.
Library Journal
A biography of fugitive financier Robert Vesco, whose business deals in the 1960s and 70s came under Securities and Exchange Commission investigation and prosecution and made front-page news. This intriguing story of international high finance includes the period of Robert A. Hutchison's 1974 Vesco biography; but Herzog has the advantage of covering the interesting post-1974 period when Vesco unsuccessfully sought asylum in Central America and avoided extradition to the United States. (He is alive and well inof all placesCuba.) Vesco is a good public library acquisition; it can stand next to the biography of another Detroiter, venturist, and opportunist, Ivan Boesky. Arthur J. Lieb, Library of Congress
Herzog's brilliantly researched story should win honors as one of the year's remarkable biographies. He exposes the amoral brutalities of Wall Street and corporate finagling in this era of mergers, takeovers and junk bonds. He traces the career of legendary Robert Vesco from his youthful formation of an airplane-parts company, ICC, and gimmicky exploitation of his growing ''big money'' reputation through banks in the Bahamas and the Caymans to his big couptaking control of Bernie Cornfield's multi-million dollar Investors Overseas Service at the beginning of the 1970s. By 1973, when the SEC went after him, Vesco had taken flight with some $240-million of IOS funds. His zig-zag life as a fugitive involved sojourns and escapes from the Bahmas and Costa Rica, and Herzog's scenario scarcely misses a beat right up to the remarkable last pagesHerzog's ultimate catching up with a nearlybroken Vesco in Cuba, where he now lives. Herzog is the author of 10 novels and four works of nonfiction.
Library Journal
A biography of fugitive financier Robert Vesco, whose business deals in the 1960s and 70s came under Securities and Exchange Commission investigation and prosecution and made front-page news. This intriguing story of international high finance includes the period of Robert A. Hutchison's 1974 Vesco biography; but Herzog has the advantage of covering the interesting post-1974 period when Vesco unsuccessfully sought asylum in Central America and avoided extradition to the United States. (He is alive and well inof all placesCuba.) Vesco is a good public library acquisition; it can stand next to the biography of another Detroiter, venturist, and opportunist, Ivan Boesky. Arthur J. Lieb, Library of Congress
Used availability for Arthur Herzog's Vesco