1.

Record Nr.

UNINA9910823382203321

Autore

Stenfors Alexis

Titolo

Barometer of fear : an insider's account of rogue trading and the greatest banking scandal in history / / Alexis Stenfors

Pubbl/distr/stampa

London, England : , : Zes Books, , 2017

©2017

ISBN

1-78360-929-X

1-78360-930-3

Descrizione fisica

1 online resource (337 pages) : illustrations

Disciplina

302.24

Soggetti

Scandals - History

Scandals - History - 21st century

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

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.

Sommario/riassunto

"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."--