| Description |
xii, 201 pages ; 24 cm. |
| Series |
Bloomberg Press.
|
| Summary |
In the midst of the financial crisis, Tom Hayes and his network of traders and brokers from Wall Street's leading firms set to work engineering the biggest financial conspiracy ever seen. As the rest of the world burned, they came together on secret chat rooms and late night phone calls to hatch an audacious plan to rig Libor, the 'world's most important number' and the basis for $350 trillion of securities from mortgages to loans to derivatives. Without the persistence of a rag-tag team of investigators from the U.S., they would have got away with it.... The Fix by award-winning Bloomberg journalists Liam Vaughan and Gavin Finch, is the inside story of the Libor scandal, told through the journey of the man at the centre of it: a young, scruffy, socially awkward misfit from England whose genius for math and obsessive personality made him a trading phenomenon, but ultimately paved the way for his own downfall. Based on hundreds of interviews, and unprecedented access to the traders and brokers involved, and the investigators who caught up with them, The Fix provides a rare look into the dark heart of global finance at the start of the 21st Century. |
| Bibliography |
Includes bibliographical references (pages 175-189) and index. |
| Contents |
The end of the world -- Tommy Chocolate -- Beware of Greeks bearing gifts -- A day in the life -- Buy the cash boys a curry! -- Anything with four legs -- No one's clean-clean -- The sheep will follow -- Escape to London -- Goodbye, Big Nose -- The call -- Crossing the Street -- "What the fuck kind of bank is this?" -- Just keep swimming -- The ballad of Diamond Bob -- The switcheroo -- The trial. |
| Subject |
Commercial crimes -- Great Britain -- Case studies.
|
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Banks and banking -- Corrupt practices -- Case studies.
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Financial institutions, International -- Corrupt practices -- Case studies.
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Interest rates.
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LIBOR market model.
|
| Added Author |
Finch, Gavin, 1979- author.
|
| ISBN |
9781118995723 (cloth) |
|
1118995724 (cloth) |
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