The Spider Network
The Spider Network
David Enrich
Marc Andreessen
Billions'-esque saga of global financial market manipulation, at mind-boggling scale and hiding in plain sight, by a small cabal of bankers in London. - Marc Andreessen
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The Spider Network

The Spider Network: The Wild Story of a Math Genius, a Gang of Backstabbing Bankers, and One of the Greatest Scams in Financial History

David Enrich
By
David Enrich
4.1
5861
ratings on Goodreads

In the underbelly of the world's financial markets, a tale of ambition, greed, and the ultimate betrayal unfolds with the precision of a finely tuned machine. "The Spider Network" by David Enrich delves deep into the heart of one of the most audacious financial schemes of the 21st century, centered around the manipulation of the Libor—the benchmark interest rate that influences trillions of dollars of loans and transactions globally. At the helm of this intricate web is Tom Hayes, a prodigious yet troubled mathematician whose genius orchestrates a coalition of unlikely allies: from a French trader known as “Gollum” to a Kazakh chicken farmer, each more colorful and eccentric than the last. Together, they forge a bond not just of friendship but of unbridled ambition, pushing the boundaries of legality for unimaginable profit. Yet, as the stakes rise, so does the tension, unraveling the group in a spectacular cascade of backstabbing and revenge. Enrich, with unparalleled access and meticulous research, crafts a narrative that is as compelling as it is horrifying, exposing the vulnerabilities and corruption at the heart of our financial systems. "The Spider Network" is not just a story of financial fraud; it is a riveting exploration of the human elements of ambition, loyalty, and desperation, played out on the grand stage of global finance. This is a saga where the line between genius and madness is as thin as the profits are vast, revealing the darkest corners of the financial world in vivid detail.

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Released
2017
21 Mar
Length
528
Pages

1

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Billions'-esque saga of global financial market manipulation, at mind-boggling scale and hiding in plain sight, by a small cabal of bankers in London. - Marc Andreessen
Traders at other banks, many of which had outposts in the twin towers, realized that their first instincts had not been to fret about their colleagues’ well-being or the geopolitical implications of the attack, but instead to hunt for profitable trading opportunities. Then again, didn’t money make the world go round?
— David Enrich, The Spider Network

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