
The Spider Network (English, Paperback, Enrich David)
₹489.00₹699.00
- Language: English
- Binding: Paperback
- Publisher: Ebury Publishing
- Genre: Business & Economics
- ISBN: 9780753557501, 9780753557501
- Edition: 2017
- Pages: 496
Description
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: 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.
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Additional information
Genera | Business & Economics |
---|---|
Publication | RANDOM HOUSE |
ISBN | 9780753557501 |
Language | English |
Binding | Paperback |
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- Store Name: Mohbkol
- Seller: Mohbkol Mohan Books
- 5.00 rating from 2 reviews
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