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
Math, Better Explained
The Unquiet Grave
Diaspora
The Cold Start Problem
Devil Take the Hindmost
The Innovators
The First Conspiracy
The Art of Stillness
I Contain Multitudes
Ten Lessons for a Post-Pandemic World
The Internet of Money Volume 1
Thinking and Deciding
A Father First
Blueprint
The Old Way
Think Like a Monk
With the Old Breed
Hunger of Memory
Into The Silence
A Hall of Mirrors
Down to Earth
The Gifts of Imperfection
The Laws of Thermodynamics
The Gallic Wars
Knowledge and The Wealth of Nations
Bowling Alone
Tuxedo Park
How To Live
The Measure of Reality
Memories, Dreams, Reflections
Built To Last
In FED We Trust
The Power Broker
A Cultural History of Physics
With All Due Respect
The Righteous Mind
Work Rules!
Successful Investing is a Process
The Theory of Investment Value
Plowman's Folly
How Google Works
Permanent Record
To Sell is Human
The Peacemaker's Code
What Works on Wall Street
Acid Test
Who
Epic Measures
Surface Detail
The Power of Broke
Into Thin Air
How Buildings Learn
The Piano Tuner
Hyperbole and a Half
Necessary Dreams
Autobiography of a Spiritually Incorrect Mystic
Living Within Limits
Scotland
Six Thinking Hats
Pandemic 1918
Who's In Charge
Trump: America First
Parasite Rex
Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism
Tools and Weapons
The Agile Gene
The Fish That Ate The Whale
The Lord of the Rings
The Supermen
Queen of Fashion
Dealing with Darwin
Means Of Ascent
The Craft
Your Symphony of Selves
One of a Kind
Things Never To Tell Children
The Book of Laughter and Forgetting
Levels of the Game
Red Star Over The Pacific
Hornblower Saga
Water in Plain Sight
Diet for a Small Planet
The Grapes of Wrath
Wild And Crazy Guys
Decrypting Money
The Emotion Code
You
Great Expectations
Biography of the Dollar
I Love Capitalism
Chaos Monkeys
Conscious Business
From Bacteria to Bach and Back
Cradle to Cradle
The Secret of Fatima
Competing in the Age of AI
Jane Eyre
Turtles All The Way Down
Tent Life in Siberia