{"product_id":"the-spider-network","title":"The Spider Network: The Wild Story of a Math Genius, a Gang of Backstabbing Bankers, and One of the Greatest Scams in Financial History","description":"\u003cp\u003eThe \u003cem\u003eWall Street Journal\u003c\/em\u003e's award-winning business reporter unveils the bizarre and sinister story of how a math genius named Tom Hayes, a handful of outrageous confederates, and a deeply corrupt banking system ignited one of the greatest financial scandals in history.\u003c\/p\u003e\u003cp\u003eIn 2006, an oddball group of bankers, traders and brokers from some of the world's largest financial institutions made a startling realization: Libor—the London interbank offered rate, which determines the interest rates on trillions in loans worldwide—was set daily by a small group of easily manipulated functionaries, and that they could reap huge profits by nudging it to suit their trading portfolios. Tom Hayes, a brilliant but troubled mathematician, became the lynchpin of a wild alliance that among others included a French trader nicknamed \"Gollum\"; the broker \"Abbo,\" who liked to publicly strip naked when drinking; a Kazakh chicken farmer turned something short of financial whiz kid; a broker known as \"Village\" (short for \"Village Idiot\") and fascinated with human-animal sex; an executive called \"Clumpy\" because of his patchwork hair loss; and a broker uncreatively nicknamed \"Big Nose.\" Eventually known as the \"Spider Network,\" Hayes's circle generated untold riches —until it all unraveled in spectacularly vicious, backstabbing fashion.\u003c\/p\u003e\u003cp\u003e\u003cem\u003eThe Spider Network \u003c\/em\u003eis not only a rollicking account of the scam, but a provocative examination of a financial system that was crooked throughout, designed to promote envelope-pushing behavior while shielding higher-ups from the consequences of their subordinates' rapacious actions. \u003cem\u003e\u003c\/em\u003e\u003c\/p\u003e","brand":"None","offers":[{"title":"Livre audio (2017 B)","offer_id":46177691533489,"sku":"9781470856014","price":59.95,"currency_code":"CAD","in_stock":false},{"title":"Livre audio (2017 A)","offer_id":46177691566257,"sku":"9781470855994","price":72.95,"currency_code":"CAD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0655\/8980\/5233\/files\/1_9711eebc-d06f-43f7-b790-0f58bf6e7452.jpg?v=1763072792","url":"https:\/\/www.indigo.ca\/fr\/products\/the-spider-network","provider":"Indigo","version":"1.0","type":"link"}