The Spider Network: The Wild Story of a Maths Genius, a Gang of Backstabbing Bankers, and One of the Greatest Scams in Financial History

The Spider Network: The Wild Story of a Maths Genius, a Gang of Backstabbing Bankers, and One of the Greatest Scams in Financial History

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Cod produs/ISBN: 9780753557501

Disponibilitate: Acest produs nu este momentan in stoc

Limba: Engleza

Nr. pagini: 496

Coperta: Paperback

Dimensiuni: 15.3 x 3.4 x 23.4 cm

An aparitie: 2017

‘Anyone with an interest in financial services and in what has gone wrong will find The Spider Network compelling.’ - Daniel Finkelstein, The Times

‘Will snare you in its web of deceit, lies, corruption, manipulation and colourful characters. [a] brilliant investigative exposé’ - Harlan Coben, bestselling thriller author

‘A gripping narrative ... impressive reporting and writing chops are on full display ... reads like a fast-paced John le Carré thriller, and never lets up’ - New York Times book review

‘A feat of reporting, and much of it reads like a novel’ - Leigh Gallagher, Washington Post

‘A model of investigative financial writing... a more satisfying read than THE BIG SHORT by Michael Lewis’ - Literary Review

‘Remarkable’, Sunday Times

‘Jaw-dropping’, Financial Times


In 2006, an oddball group of bankers, traders and brokers from some of the largest financial institutions made a startling realization: Libor―the London interbank offered rate, which determines the interest rates on trillions in loans worldwide―was set daily by a small group of easily manipulated administrators, and that they could reap huge profits by nudging it fractions of a percent to suit their trading portfolios. Tom Hayes, a brilliant but troubled mathematician, became the lynchpin of a wild alliance that included a prickly French trader nicknamed “Gollum”; the broker “Abbo,” who liked to publicly strip naked when drinking; a nervous Kazakh chicken farmer known as “Derka Derka”; a broker known as “Village” (short for “Village Idiot”) who racked up huge expense account bills; an executive called “Clumpy” because of his patchwork hair loss; and a broker uncreatively nicknamed “Big Nose” who had once been a semi-professional boxer. This group generated incredible riches ―until it all unraveled in spectacularly vicious, backstabbing fashion.

With exclusive access to key characters and evidence, The Spider Network is not only a rollicking account of the scam, but also a provocative examination of a financial system that was crooked throughout.
Virgin Publishing
An aparitie 2017
Autor David Enrich
Dimensiuni 15.3 x 3.4 x 23.4 cm
Editura Virgin Publishing
Format Paperback
ISBN 9780753557501
Limba Engleza
Nr pag 496

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