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Open Secret: The Global Banking Conspiracy That Swindled Investors Out of Billions

Open Secret: The Global Banking Conspiracy That Swindled Investors Out of Billions

Open Secret: The Global Banking Conspiracy That Swindled Investors Out of

Open Secret: The Global Banking Conspiracy That Swindled Investors Out of Billions

by Arvedlund, Erin

  • Used
  • Good
  • Hardcover
Condition
Good
ISBN 10
1591846684
ISBN 13
9781591846680
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About This Item

Portfolio, 2014. Hardcover. Good. Former library book; Missing dust jacket; Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less.Dust jacket quality is not guaranteed.

Synopsis

A bestselling financial reporter exposes the decades-long banking conspiracy that swindled ordinary investors out of billions Following her national bestseller Too Good to Be True , the inside story of the Bernie Madoff scandal, Erin Arvedlund brings her reporting chops and deep financial expertise to the first book to tell the full story of the Libor scandal. In 2012, news broke that a group of young, chummy bankers had, for years, been colluding to manipulate the London Interbank Offered Rate—the interest rate that determines how money is borrowed and lent throughout the world. They set the Libor higher or lower to suit each others’ needs, while ordinary savers and investors suffered without even knowing it. It was a classic “open secret” among competitors that cost countless victims as much as $1 trillion. Arvedlund takes us behind the scenes of elite firms like Barclays Capital, where twenty-something masters of the universe played fast and loose, while their bosses looked the other way. She also examines the failures of prominent regulators and other officials.

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Details

Bookseller
ThriftBooks US (US)
Bookseller's Inventory #
G1591846684I3N11
Title
Open Secret: The Global Banking Conspiracy That Swindled Investors Out of Billions
Author
Arvedlund, Erin
Format/Binding
Hardcover
Book Condition
Used - Good
Quantity Available
1
ISBN 10
1591846684
ISBN 13
9781591846680
Publisher
Portfolio
Place of Publication
New York, Ny
Date Published
2014

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About the Seller

ThriftBooks

Seller rating:
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Seattle, Washington

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Glossary

Some terminology that may be used in this description includes:

Jacket
Sometimes used as another term for dust jacket, a protective and often decorative wrapper, usually made of paper which wraps...
Spine
The outer portion of a book which covers the actual binding. The spine usually faces outward when a book is placed on a shelf....
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