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Dangerous Ways
An unbelievable true-life story about one man's rise from poverty to extreme wealth. How much money do you want to make a year? Whatever your answer is, it's not enough. Lorenzo "Larry" Formato began this wild ride in the early 70's and stayed on top for almost two decades. Relive his life experiences through his own words as he takes you on a journey reminiscent of Godfather, Wall Street, and Boiler Room. Now, through his own eyes, witness what really went on with the penny stock market and the power he gained from the Mafia. Look into a world where only Formato can take you, as he talks about Frank Sinatra, Jilly Rizzo, the music industry and some of Hollywood's biggest stars, the total manipulation of the Penny Stock Market and the role the Mafia played in it. "This book is based on my experiences and memories, along with my complete congressional testimony. My testimony before Congress led to the Penny Stock Reform Act of 1990 and was hailed as the most important stock reform legislation passed since 1933." Larry Formato
368 pages, Kindle Edition
Published August 26, 2024
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About the author
Larry Formato
3 books3 followersPeople ask me about my history. For that, I could say “buy the book”, but I thought it was important to have an official biography.
Larry Formato has forty years experience in finance and finance management. He is considered one of the world’s leading experts in the Over-The-Counter (OTC) stock market. By age thirty-three, he owned five brokerage firms and was asked by Congress to help construct the Penny Stock Reform Act of 1990.
“Mr. Formato, this has been an extraordinary piece of testimony which has been delivered to our subcommittee. We thank you very much for having the courage to appear before us today, and as the weeks and months go by, as we continue to work on these issues, we are going to stay in close contact with you. I think that there is a ring of truth to what you are saying, and I don’t think it is lost on those who serve on this committee.
You have provided an important public service here today, and we thank you.”
Congressman Edward J. Markey
Chairman
Subcommittee on Telecommunications and Finance
Mr. Formato is currently focused on multiple mergers and acquisitions and has written his book, Connected, detailing his life in the Penny Stock Market.
Larry Formato has forty years experience in finance and finance management. He is considered one of the world’s leading experts in the Over-The-Counter (OTC) stock market. By age thirty-three, he owned five brokerage firms and was asked by Congress to help construct the Penny Stock Reform Act of 1990.
“Mr. Formato, this has been an extraordinary piece of testimony which has been delivered to our subcommittee. We thank you very much for having the courage to appear before us today, and as the weeks and months go by, as we continue to work on these issues, we are going to stay in close contact with you. I think that there is a ring of truth to what you are saying, and I don’t think it is lost on those who serve on this committee.
You have provided an important public service here today, and we thank you.”
Congressman Edward J. Markey
Chairman
Subcommittee on Telecommunications and Finance
Mr. Formato is currently focused on multiple mergers and acquisitions and has written his book, Connected, detailing his life in the Penny Stock Market.
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