Leader01393cam a22003618i 4500
008180118s2017 nyu b 001 0 eng
010 a: 2017005472
020 a: 9780062452986
035 a: (DLC) 19669286
040 a: DLCd: LBb: engc: DLCe: rda
042 a: pcc
080##a: 336
08200a: 364.16/32: 23
1001 a: Enrich, Davidd: 1979-e: author
24514a: The Spider Networkb: the wild story of a math genius, a gang of backstabbing bankers, and one of the greatest : scams in financial historyc: by David Enrich
263 a: 1703
264 1a: New York, NYb: HarperCollins Publishersc: [2017]
300 a: pages cm
336 a: textb: txt2: rdacontent
337 a: unmediatedb: n2: rdamedia
338 a: volumeb: nc2: rdacarrier
504 a: Includes bibliographical references and index
996##a: BA


Location Address Count Shelf Status
Tirgus operāciju pārvalde 15 1 336 On a shelf Available to order


The Wall Street Journal's award-winning business reporter unveils the bizarre and sinister story of how a math genius named Tom Hayes, a handful of outrageous confederates, and a deeply corrupt banking system ignited one of the greatest financial scandals in history. In 2006, an oddball group of bankers, traders and brokers from some of the world's largest financial institutions made a startling realization: Libor--the London interbank offered rate, which determines interest rates on trillions in loans worldwide--was set daily by a small group of easily manipulated functionaries. Tom Hayes, a brilliant but troubled mathematician, became the lynchpin of shadowy team that used hook and crook to take over the process and set rates that made them a fortune, no matter the cost to others. Among the motley crew was a French trader nicknamed "Gollum"; the broker "Abbo," who liked to publicly strip naked when drinking; a Kazakh chicken farmer turned something short of financial whiz kid; an executive called "Clumpy" because of his patchwork hair loss; and a broker uncreatively nicknamed "Big Nose." Eventually known as the "Spider Network," Hayes's circle generated untold riches --until it all unraveled in spectacularly vicious, backstabbing fashion. Praised as reading "like a fast-paced John le Carre thriller" (New York Times), "compelling" (Washington Post) and "jaw-dropping" (Financial Times), The Spider Network is not only a rollicking account of the scam, but a provocative examination of a financial system that was warped and shady throughout.

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