Steve Madden comes off as an improbably effective C-suite manager in his memoir
While many of Madden’s introspective takeaways are unenlightened at best, the book is a valuable play-by-play of one man’s rise to riches
New York — At 6am on June 20 2000, police and federal agents in riot gear swarmed into shoe designer Steve Madden’s apartment on Mercer Street in New York with a warrant for his arrest.
Madden, then in his early 40s, had been implicated in the firm Stratton Oakmont’s “pump and dump” financial scandal, which will be familiar to anyone who’s watched Martin Scorsese’s The Wolf of Wall Street. “When they asked, I was happy to flip stocks by buying and selling shares on the day of a company’s [initial public offering] and make a quick twenty to forty grand that I could invest in the business,” Madden writes in his forthcoming memoir The Cobbler: How I Disrupted an Industry, Fell From Grace, & Came Back Stronger Than Ever (Radius Book Group, October 13), which he wrote with Jodi Lipper...
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