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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.
Contents:
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
Summary: "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."--
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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."--

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