The Fix: How Bankers Lied, Cheated And Colluded To Rig The World's Most Important Number (bloomberg)
by Liam Vaughan /
2017 / English / PDF
2 MB Download
"The first thing you think is where's the edge, where can I make
a bit more money, how can I push, push the boundaries. But the
point is, you are greedy, you want every little bit of money that
you can possibly get because, like I say, that is how you are
judged, that is your performance metric"
"The first thing you think is where's the edge, where can I make
a bit more money, how can I push, push the boundaries. But the
point is, you are greedy, you want every little bit of money that
you can possibly get because, like I say, that is how you are
judged, that is your performance metric"
—
—Tom Hayes
Tom Hayes, 2013
, 2013
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....
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
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.
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,
Based on hundreds of interviews, and unprecedented access to the
traders and brokers involved, and the investigators who caught up
with them,The Fix
The Fix provides a rare look into the dark
heart of global finance at the start of the 21st Century.
provides a rare look into the dark
heart of global finance at the start of the 21st Century.