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Barometer of Fear - An Insider's Account of Rogue Trading and the Greatest Banking Scandal in History (Hardcover)
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Barometer of Fear - An Insider's Account of Rogue Trading and the Greatest Banking Scandal in History (Hardcover)
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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, Alexis Stenfors 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 -
which have allowed banks to profit from systematic deception.
Containing remarkable and often shocking insights derived from his
own experiences in the dealing room, as well as his spectacular
fall from grace at Merrill Lynch, Barometer of Fear draws back the
curtain to a realm that for too long has remained hidden from
public view.
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