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

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

责  任  者 :David Enrich
出  版  者 :Custom House
索  书  号 : F831.9/E59
馆藏地点 :八楼多元馆
发布时间 :2018-02-28
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Interest rates, what you assume to be set in the marketplace, the product of supply and demand and the Federal Reserve’s intervention, may go beyond your imagination. In 2006, a group of bankers, traders and brokers from some of the world’s largest financial institutions were shocked to realize that the London interbank offered rate was set daily by a small group of easily manipulated functionaries and that they could reap huge profits by nudging it to suit their trading portfolios. Tom Hayes, a brilliant but troubled mathematician, became the key of the wild alliance and got involved in the bizarre and sinister story. This book unveils how a math genius, a handful of outrageous confederates, and a crooked financial system ignited one of the greatest financial scandals in history.