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The Billionaire Boys Club

Product ID : 28149942


Galleon Product ID 28149942
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About The Billionaire Boys Club

Product Description Recounts the shocking true story of a group of wealthy young men from Los Angeles who bonded together as investment partners but wound up as murder conspirators From Publishers Weekly Joe Hunt, a mediocre scholarship student at an L.A. prep school, was by age 23 a failed commodities trader, but he nevertheless convinced some of his affluent former classmates to form the Billionaire Boys Club for the purposes of socializing and making fast money through shrewd investments. He virtually mesmerized members with his "Paradox Philosophy" (a sophisticated version of "the end justifies the means") and, by unscrupulous methods, raised vast sums of money--and lost millions. Hunt, in his turn, was duped by a con artist named Ron Levin; he informed his associates that he had killed him, and shortly thereafter other BBC members kidnapped and murdered Hedayat Eslaminia, the father of one of their own. L.A. journalist Horton suspensefully relates this shocking story from Hunt's boyhood through the 1987 trial at which he and two others were sentenced to life imprisonment. Photos. Copyright 1989 Reed Business Information, Inc. From Library Journal The Billionaire Boy's Club (BBC), an investment group, was in reality a cult-like group led by Joe Hunt, a charismatic sociopath who preached the Paradox Philosophy, a Machiavellian approach to life. After losing millions in investment scams gone awry, Hunt turned to kidnapping and murder as a way to solve the BBC's and his growing financial problems. Ultimately, Hunt and three other members of the BBC were sentenced to life without parole; another member lives under an assumed name. This well-written book describes a tragedy--bright, well-educated, privileged young men led astray by their greed and weakness of character into a life of crime. Already the subject of a 60 Minutes segment and a TV miniseries (the script of which was based on Horton's Los Angeles magazine article), this fascinating story of rich kids, money, and murder will be very popular. Recommended. - Sandra K. Lindheimer, Middlesex Law Lib., Cambridge, Mass. Copyright 1989 Reed Business Information, Inc.