The Spider Network: The Wild Story of a Math Genius, a Gang of Backstabbing Bankers, and One of the Greatest Scams in Financial History
| Author | : | |
| Rating | : | 4.47 (657 Votes) |
| Asin | : | B01HM24IRY |
| Format Type | : | |
| Number of Pages | : | 227 Pages |
| Publish Date | : | 2017-05-16 |
| Language | : | English |
DESCRIPTION:
His voice credits range from radio commercials and television narration to animation and video game characters. A Massachusetts native and a graduate of Claremont McKenna College in California, he lives in New York with his wife and two sons.Mike Chamberlain is an actor and voice-over performer in Los Angeles. He has won numerous journalism awards, including the 2016 Gerald Loeb Award for his coverage
. Tom Hayes, a brilliant but troubled mathematician, became the lynchpin of a wild alliance that among others included 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; a broker known as “Village” (short for “Village Idiot”) and fascinated with human-animal sex; 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.The Spider Network is not only a rollicking account of the scam, but a provocative examination of a financial system that was crooked throughout, designed to promote envelope-pushing behavior while shielding higher-ups from the consequences of their subordinates’ rapacious actions. 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
It should be required reading for anyone who wants to understand the dirty underbelly of the financial world.” (Kurt Eichenwald, Pulitzer Prize winning author of The Informant)“Mr. “Enrich’s impressive reporting and writing chops are on full display in The Spider Network… From the start, the book reads like a fast-paced John le Carré thriller, and never lets up.” (William D. Knee, New York Times DealBook)“A damning look at the culture of trader chicanery… Enrich has sidestepped the temptation to slip into author-as-prosecutor mode, instead going the wry tour guide route to lucidly (and often hilariously) usher readers through the Looney Tunes world that wrought l’affaire Libor.” (John Helyar, coauthor of Barbarians at the Gate)“David Enrich is a mas
"Awesome page turner" according to NV. I had read every WSJ article on "Unraveling of Tom Hayes" and hoped that someday the author would write a book on the subject. Well, he has, and he has done it with exceptional honesty and integrity. It is scary to read about the fragile governance of Libor by the British government and even more reckless tempering of the lynchpin parameter of world finance by major banks. How a genius but em. Fantastic storytelling and a great read Amazon Customer Fantastic storytelling and a great read! The author avoids too much focus on market jargon and technical details and paints a terrific picture of the people involved from junior traders to CFTC investigators. It almost reads like a novel even though everything is exhaustively researched and based on a strong relationship with many sources including the protagonist himself, Tom Hayes.. "Brilliantly written book about the downfall of Tom Hayes and the story behind how it happened" according to P M Langham. This is an excellent and well researched book which I would highly recommend to anyone who is interested in Financial Markets or in better understanding the LIBOR scandal. The book reads partly as a documentary of what actually happened and how Tom Hayes ended up being charged and found guilty of being the mastermind behind the scandal and it also reads in some ways as a racy novel, it is com