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The Spider Network

The Wild Story of a Math Genius, a Gang of Backstabbing Bankers, and One of the Greatest Scams in Financial History

David Enrich

This book tells the story of a group of bankers who discovered they could manipulate the London interbank offered rate to make profits on loans worldwide. The group included a cast of oddball characters, including a French trader nicknamed "Gollum" and a nervous Kazakh chicken farmer known as "Derka Derka." Their scheme generated colossal riches until it all fell apart in spectacularly vicious, backstabbing fashion. This book provides an exclusive look into the scandal and a deeper examination of a crooked financial system.
Publish Date
2017-03-21T00:00:00.000Z
2017-03-21T00:00:00.000Z
Goodreads Rating
4.07
ISBN
9780062452986
Recommendations
2
Recommendations
2018-07-05T22:01:30.000Z
The Spider Network by @davidenrich -- "Billions"-esque saga of global financial market manipulation, at mind-boggling scale and hiding in plain sight, by a small cabal of bankers in London.      source
2022-08-17T05:33:14.000Z
Just finished reading 2 books: Spider Network: on the LIBOR fixing. Excellent read. But the Real Deal was @AndreAgassi 's Autobio. Amazing English! While I never quite forgave him for stealing Steffi from me, I grant him that he's written probably the best sport Auto Bio ever      source