The Spider Network
The Wild Story of a Maths Genius and One of the Greatest Scams in Financial History
Format:Paperback
Publisher:Ebury Publishing
Published:1st Mar '18
Should be back in stock very soon

This captivating book explores the Libor scandal, revealing the intricate deceit and characters behind one of the largest financial frauds in history, The Spider Network.
The Spider Network offers a gripping and detailed account of the Libor scandal, one of the most significant financial frauds in recent history. Written by a journalist who had exclusive access to Tom Hayes, the man at the center of the scandal, this book unveils the intricate web of deceit that ensnared the financial world. With a narrative that reads like a fast-paced thriller, it reveals the reckless greed and outlandish characters that defined this dark chapter in the City of London.
As the story unfolds, readers are taken on a journey through the events leading up to the scandal, exploring the motivations and actions of those involved. The Spider Network not only provides an entertaining read but also serves as a critical examination of the financial system that allowed such corruption to flourish. The ramifications of the scandal extended far beyond individual players, impacting the entire British establishment and raising questions about accountability and ethics in finance.
This book is a must-read for anyone interested in understanding the complexities of modern finance and the inherent risks that come with it. With its blend of investigative journalism and storytelling, The Spider Network captures the essence of a scandal that shook the foundations of the financial world, making it an essential addition to the library of anyone fascinated by true crime or financial history.
Anyone with an interest in financial services and in what has gone wrong will find TheSpider Network compelling. -- Daniel Finkelstein * The Times *
a surprisingly human narrative … truly memorable … a vivid depiction of the ethos of the core financial institutions upon which the global economy depends * New York Times *
a model of investigative financial writing... a more satisfying read than THE BIG SHORT by Michael Lewis * Literary Review *
will snare you in its web of deceit, lies, corruption, manipulation and colourful characters. [a] brilliant investigative exposé * Harlan Coben, bestselling thriller author *
supremely gripping ... a thrilling tour de force of reporting, revelation and reasoning ... unmissable * Iain Martin, bestselling author of MAKING IT HAPPEN: FRED GOODWIN, RBS AND THE MEN WHO BLEW UP THE BRITISH ECONOMY *
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 *
Equally entertaining and illuminating … Enrich’s brilliant depiction … owes to deep reporting, deft writing, and a nuanced approach that characterizes the entire book… First-rate. * John Helyar, bestselling author of BARBARIANS AT THE GATE *
how did a socially awkward English math whiz mastermind manipulation of lending rates on a global scale? And was Tom Hayes truly the mastermind, or just a cog in a corrupt banking system? 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 and bestselling author of CRASH COURSE *
gripping and disturbing ... It reads like a thriller and has some hilarious moments, whilst raising important questions about the nature of our financial and judicial systems * Ian Fraser, journalist and author of SHREDDED: INSIDE RBS, THE BANK THAT BROKE BRITAIN *
David Enrich is a masterful story teller ... Michael Lewis has a new rival * Sheila Bair, former chair of the FDIC and president of Washington College *
An absorbing read that provides both a meticulous dissection of an immense scandal as well as a fascinating human story * Bethany McLean, bestselling author of THE SMARTEST GUYS IN THE ROOM: THE AMAZING RISE AND SCANDALOUS FALL OF ENRON *
For years, David Enrich has chased down the inside story of one the biggest financial frauds in history and was even threatened with jail by a British court if he printed what he knew. Now, in his blockbuster book The Spider Network, all of the secrets come spilling out…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 *
This dwarfs by orders of magnitude any financial scams in the history of markets. * Andrew Lo, Professor of Finance at MIT *
In the hands of journalist David Enrich, the true tale of former UBS and Citigroup trader Tom Hayes becomes a page-turning crime drama that engages – and educates – readers from beginning to end. * The Charlotte Observer *
A gripping narrative ... impressive reporting and writing chops are on full display ... reads like a fast-paced John le Carré thriller, and never lets up * New York Times book review *
a feat of reporting, and much of it reads like a novel -- Leigh Gallagher * Washington Post *
a remarkable read -- John Arlidge * Sunday Times *
jaw-dropping * Financial Times *
a gripping financial thriller * Daily Mail *
- Long-listed for Financial Times and McKinsey Business Book of the Year 2017 (UK)
ISBN: 9780753557518
Dimensions: 198mm x 128mm x 28mm
Weight: 332g
496 pages