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Abstract
Tip and Trade is the story of a friendship that starts in law school and ends with the largest insider trading scandal in Canadian history. Gil Cornblum and Stan Grmovsek were fast friends in law school. Together they ripped off Wall Street and Bay Street for over $10 million by preying on the trust of Cornblum's legal clients and his employers. Their illegal profits were huge, but the tragedy of their inevitable downfall was even bigger. Through this history, Coakley offers insight into what case prosecutors called a classic 'Hollywood' insider trading story.