Barometer of fear : an insider's account of rogue trading and the greatest banking scandal in history / Alexis Stenfors
By: Stenfors, Alexis [author].
Publisher: London, UK : Zed Books Ltd, ©2017Description: x, 326 pages ; 20 cm.Content type: text Media type: unmediated Carrier type: volumeISBN: 9781783609284.Subject(s): Banks and banking -- History -- 21st century | Scandals -- History -- 21st centuryGenre/Form: History. | Print books.Current location | Call number | Status | Date due | Barcode | Item holds |
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On Shelf | HG1573 .S74 2017 (Browse shelf) | Available | AU00000000010886 |
Includes bibliographical references and index
Introduction: "It's a misunderstanding" -- The barometer of fear -- "Why did you do it?" -- Superheroes and beauty pageants -- The LIBOR Illusion -- The value of secrets -- Conventions and conspiracies -- Rotten apples -- The perfect storm
"The LIBOR affair has been described as the biggest banking scandal in history, a deception affecting not only banks but also corporations, pension funds and ordinary people. But was this just the tip of the iceberg? Was the scandal the work of a few bad apples or an inevitable result of a financial system rotten to its core? Labelled 'one of the world's most infamous rogue traders' in the wake of a mis-marking scandal, [the author] went on to rebuild his life and now guides us through the shadowy world of modern banking, providing an insider's account of the secret practices--including the manipulation of foreign exchange rates--that have allowed banks to profit from systematic deception."--