The Spider Network
The Wild Story of a Maths Genius and One of the Greatest Scams in Financial History
By David Enrich
About the book
David Enrich reconstructs the Libor scandal, one of the largest financial frauds since the global financial crisis, through the story of Tom Hayes, the maths genius of the subtitle. Enrich was the only journalist with access to Hayes before Hayes was sentenced to 14 years in prison, and the narrative draws on that access and on exclusive details. Its setting is the City of London and its outlandish, greedy cast, and the fallout reaches across the British establishment. Enrich treats the affair both as a story of the scam itself and as a study of a financial system that was crooked from top to bottom. The Financial Times named it a finalist for its Business Book of the Year.
Marc Andreessen described it as a Billions-style saga of global market manipulation on a staggering scale, carried out in plain sight by a small group of London bankers.
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Marc Andreessen (Co-Founder/Andreessen Horowitz)
"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.
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