{"product_id":"the-spider-network-9780753557501","title":"The Spider Network","description":"\u003cp\u003eListed as an FT book of the month`Anyone with an interest in financial services and in what has gone wrong will find The Spider Network compelling.' - Daniel Finkelstein, The Times`Will snare you in its web of deceit, lies, corruption, manipulation and colourful characters. Shortlisted for the FT \u0026amp; McKinsey Book Prize!      `Will snare you in its web of deceit, lies, corruption, manipulation and colourful characters. [a] brilliant investigative expose' - Harlan Coben, bestselling thriller author     `Reads like a fast-paced John le Carre thriller, and never lets up' - New York Times book review       In 2006, an oddball group of bankers, traders and brokers from some of the largest financial institutions made a startling realization: Libor-the London interbank offered rate, which determines the interest rates on trillions in loans worldwide-was set daily by a small group of easily manipulated administrators, and that they could reap huge profits by nudging it fractions of a percent to suit their trading portfolios. Tom Hayes, a brilliant but troubled mathematician, became the lynchpin of a wild alliance that included a prickly French trader nicknamed \"Gollum\"; the broker \"Abbo,\" who liked to publicly strip naked when drinking; a nervous Kazakh chicken farmer known as \"Derka Derka\"; a broker known as \"Village\" (short for \"Village Idiot\") who racked up huge expense account bills; an executive called \"Clumpy\" because of his patchwork hair loss; and a broker uncreatively nicknamed \"Big Nose\" who had once been a semi-professional boxer. This group generated incredible riches -until it all unraveled in spectacularly vicious, backstabbing fashion.    With exclusive access to key characters and evidence, The Spider Network is not only a rollicking account of the scam, but also a provocative examination of a financial system that was crooked throughout.\u003c\/p\u003e","brand":"Ebury Publishing","offers":[{"title":"Default Title","offer_id":42977971732646,"sku":"9780753557501","price":17.9,"currency_code":"MYR","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0443\/8471\/4918\/products\/9780753557501_1.jpg?v=1656105204","url":"https:\/\/bookxcess.myshopify.com\/products\/the-spider-network-9780753557501","provider":"Staging Site ","version":"1.0","type":"link"}