Reviews: The Spider Network (1)
“Interesting look at the libor financial scandal from an investigative journalist perspective”
(Paperback)
An interesting look at the Libor scandal from an American investigative journalist lens.
The book charts the story of how the Libor rate - the London interbank lending rate that many variable-rate products such as credit cards depend on - was manipulated, thus affecting many unsuspecting individuals worldwide.
This is a book for those that don't have much understanding of the financial workings that underpin the financial sector, with simple-to-understand explanations and examples to illustrate the issues. For those that do, there are some fascinating snippets of the history of financial instruments and the characters behind them, although you'd have to (like I had to) grin and bear the at times over-zealous banker-bashing that the author occasionally gets drawn into. Overall, an interesting mix of investigative journalism and history that would have been brilliant had it not viewed every person and action from a bitterly critical perspective.
*Thank you to the publisher for my free review copy via NetGalley. (less)
Page of 1

The Spider Network: The Wild Story of a Maths Genius, a Gang of Backstabbing Bankers, and One of the Greatest Scams in Financial History
Non-Fiction, Biography & True Stories, Business & Industry Biographies, Business, Finance & Law , Science, Study & Work
David Enrich (author)
Paperback Published on: 23/03/2017
Price: £14.99
