Recommended by
- Marc Andreessen: "'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 ↗
Summary
The true story of how a team of bankers and brokers manipulated the LIBOR interest rate, one of the most important numbers in the global financial system. David Enrich chronicles the rise of Tom Hayes, a brilliant but socially awkward trader who became the central figure in the rate-rigging conspiracy. The book exposes the corruption and complicity that ran through the highest levels of banking and regulation.