Shortlisted for the FT & McKinsey Book Prize!
‘Will snare you in its web of deceit, lies, corruption, manipulation and colourful characters. [a] brilliant investigative exposé’ - Harlan Coben, bestselling thriller author
‘Reads like a fast-paced John le Carré thriller, and never lets up’ - New York Times book review
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.
Le informazioni nella sezione "Riassunto" possono far riferimento a edizioni diverse di questo titolo.
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.
Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.
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Paperback. Condizione: Very Good. Shortlisted for the FT & McKinsey Book Prize! Will snare you in its web of deceit, lies, corruption, manipulation and colourful characters. [a] brilliant investigative expose - Harlan Coben, bestselling thriller author Reads like a fast-paced John le Carre thriller, and never lets up - New York Times book review In 2006, an oddball group of bankers, traders and brokers from some of the largest financial institutions made a startling realization: Liborthe London interbank offered rate, which determines the interest rates on trillions in loans worldwidewas 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. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Codice articolo GOR008146366
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