The Spider Network

The Wild Story of a Maths Genius, a Gang of Backstabbing Bankers, and One of the Greatest Scams in Financial History

David Enrich

Genre

Recommended By

Book Synopsis

"The Spider Network" by David Enrich is a gripping and meticulously researched true story that unravels the web of deceit and manipulation behind one of the biggest financial scandals in history.

The book takes readers deep into the world of international finance and introduces them to Tom Hayes, a brilliant but socially awkward mathematician who becomes the central figure in the notorious Libor scandal.

Through extensive interviews and access to exclusive documents, Enrich provides a riveting account of how Hayes, along with a small group of bankers, conspired to rig the London Interbank Offered Rate (Libor) for their personal gain.

As the narrative unfolds, Enrich examines the intricate web of relationships and power dynamics within the banking industry, shedding light on the cozy and corrupt connections between banks, regulators, and traders.

With vivid storytelling and meticulous attention to detail, Enrich explores the moral compromises, personal ambitions, and fragile egos that fueled this global conspiracy.

"The Spider Network" not only delves into the technical aspects of the scandal, but also delves into the personal toll it took on those involved, exposing the psychological and emotional impact of their actions.

Through this gripping tale of greed, ambition, and betrayal, Enrich paints a vivid picture of the corrosive culture of Wall Street and the lengths some individuals will go to manipulate the system.

"The Spider Network" is a must-read for anyone interested in understanding the underbelly of the financial world and the ethical challenges faced in the pursuit of success.

Explore More Books

See All
Obvious Adams
The Airbnb Story
Leadership
The Mythical Man-Month
Diaminds
The War for Kindness
Changing Minds
Children of Dune
The Intel Trinity
What Do You Care What Other People Think?
Future Forward
Principles for Dealing With The Changing World Order
Failure Is Not An Option
The Cancer Code
Rich Woman
Consider Phlebas
Brave New Medicine
The Art of People
Dictionary of Untranslatables
Abundance
Karl Marx's Theory of History
Fooled By Randomness
Carry on, Jeeves
American Lion
The Sixth Man
The Real Crash
The Bitcoin Standard
On Writing
The First Conspiracy
Wanting
Keeping At It
Harry Potter
The Hunt for Red October
Nourishing Traditions
The Evolution of Cooperation
God's Debris
Made to Stick
The Story of Civilization
Bitcoin is Venice
The Promise of a Pencil
In Praise of Shadows
Lives of the Eminent Philosophers
Beyond Good and Evil
Sit Like a Buddha
The (Mis)Behavior of Markets
The Perfect Bet
To Kill a Mockingbird
Bird by Bird
The World Crisis
The Hobbit
Factfulness
Indigenous Continent
The Gift
The River War
Burn
Getting Things Done
Moorish Spain
Rational Decisions
Living With A SEAL
I Am Not a Tractor
The Art of War
How Asia Works
The Knowledge
Hug Your Haters
Complexity
The Path to Love
Drive
Elon Musk
Merchants of Doubt
Vitamania
Zurich International Chess Tournament, 1953
My Years with General Motors
Resistance (At All Costs)
The Snow Leopard
Mistakes Were Made (But Not By Me)
Dealing with Darwin
The Great War of Our Time
In Pursuit of Happiness and Good Government
Lifespan
Numbers Don't Lie
The Golden Trade of the Moors
Revolution
Startup Playbook
Scotland
The Story of Civilization: The Age of Napoleon
Creation
The Unwritten
Alice in Wonderland
The Fiat Standard
Lean In
ANSI Common Lisp
How Innovation Works
Law, Legislation, and Liberty
Give and Take
Now, Discover Your Strengths
The Spy and The Traitor
Body by Science
Intellectuals and Race
The Rosie Effect
Plowman's Folly