The Spider Network, 9780062452993
Paperback
Math genius and a wild crew rig global finance, crash hard.

The Spider Network

how a math genius and a gang of scheming bankers pulled off one of the greatest scams in history

$47.22

  • Paperback

    528 pages

  • Release Date

    6 March 2018

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Summary

The Spider Network: Unmasking the Libor Scandal

SHORT-LISTED FOR THE FINANCIAL TIMES BUSINESS BOOK OF THE YEAR

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. The paperback edition includes a new chapter discussing further fallout fr…

Book Details

ISBN-13:9780062452993
ISBN-10:0062452991
Author:David Enrich
Publisher:HarperCollins Publishers Inc
Imprint:Collins
Format:Paperback
Number of Pages:528
Release Date:6 March 2018
Weight:454g
Dimensions:198mm x 135mm x 33mm
What They're Saying

Critics Review

”[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 Carr

”[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. Cohan, New York Times Book Review

“With an unerring eye for detail, Enrich shows in this masterful work how a toxic stew of greed, arrogance and a lust for power led to a criminal scheme of unparalleled dimensions. 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 effectively uses the unique access he secured to the mildly autistic UBS trader, Tom Hayes, who became the fall guy for the unfolding scandal, to produce a surprisingly human narrative….” – Jonathan A. 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 masterful financial story teller using real time communications from the central figures. He weaves into his narrative not only what happened, but how it happened and why. Michael Lewis has a new rival.” – Sheila Bair, former chair of the FDIC and bestselling author of Bull by the Horns

“An absorbing read that provides both a meticulous dissection of an immense scandal as well as a fascinating human story.” – Bethany McLean, author of The Smartest Guys in the Room and All the Devils Are Here

“Dare I say it, but The Spider Network will snare you in its web of deceit, lies, corruption, manipulation and colorful characters. David Enrich’s brilliant investigative expose will reverberate from Wall Street to Main Street.” – Harlan Coben, bestselling author of Home and Fool Me Once

“David Enrich has written an incredibly entertaining, globe-straddling inside account of how one trader turbocharged a greedy cabal that scammed savers and borrowers everywhere. A must read if you want to understand how big banks and traders really work.” – Marcus Brauchli, former Executive Editor of the Washington Post and Managing Editor of the Wall Street Journal

“So how did a socially awkward English math whiz mastermind manipulation of lending rates on a global scale? … In David Enrich’s gripping tale, the characters have nicknames worthy of the Mafia, and their ethical compasses aren’t much better.” – Paul Ingrassia, Pulitzer Prize winner, bestselling author of Crash Course

“A thrilling tour de force of reporting, revelation and reasoning. For anyone who wants to understand what really went on inside a scam of epic proportions, The Spider Network is unmissable.” – Iain Martin, author of Crash Bang Wallop

About The Author

David Enrich

David Enrich is the Business Investigations Editor at the New York Times and the bestselling author of Dark Towers and Servants of the Damned. The winner of numerous journalism awards, he previously was an editor and reporter at the Wall Street Journal. His first book, The Spider Network: How a Math Genius and Gang of Scheming Bankers Pulled Off One of the Greatest Scams in History, was short-listed for the Financial Times Business Book of the Year award. Enrich grew up in Lexington, Massachusetts, and graduated from Claremont McKenna College in California. He currently lives in New York with his wife and two sons.

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