The Spider Network by David Enrich

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Summary

In 2006, an oddball group of bankers, traders and brokers made a startling realization: Libor - the London interbank offered rate - 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. This book deals with this scam.

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The Spider Network by David Enrich

In 2006, an oddball group of bankers, traders and brokers made a startling realization: Libor - the London interbank offered rate - 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. This book deals with this scam.
Anyone with an interest in financial services and in what has gone wrong will find The Spider Network compelling-- Daniel Finkelstein * The Times *
a surprisingly human narrative ... truly memorable ... a vivid depiction of the ethos of the core financial institutions upon which the global economy depends * New York Times *
a model of investigative financial writing... a more satisfying read than THE BIG SHORT by Michael Lewis * Literary Review *
will snare you in its web of deceit, lies, corruption, manipulation and colourful characters. [a] brilliant investigative expose * Harlan Coben, bestselling thriller author *
supremely gripping ... a thrilling tour de force of reporting, revelation and reasoning ... unmissable * Iain Martin, bestselling author of MAKING IT HAPPEN: FRED GOODWIN, RBS AND THE MEN WHO BLEW UP THE BRITISH ECONOMY *
DAVID ENRICH is the Finance Editor at the New York Times. His coverage of the Libor scandal, based partly on years of secret access to Tom Hayes and his family, won the Gerald Loeb Award for feature writing in 2016.
SKU Unavailable
ISBN 13 9780753557501
ISBN 10 0753557509
Title The Spider Network
Author David Enrich
Condition Unavailable
Binding Type Paperback
Publisher Ebury Publishing
Year published 2017-03-23
Number of pages 496
Prizes Long-listed for Financial Times and McKinsey Business Book of the Year 2017 (UK)
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.