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The Resource Open secret : the global banking conspiracy that swindled investors out of billions, Erin Arvedlund

Open secret : the global banking conspiracy that swindled investors out of billions, Erin Arvedlund

Label
Open secret : the global banking conspiracy that swindled investors out of billions
Title
Open secret
Title remainder
the global banking conspiracy that swindled investors out of billions
Statement of responsibility
Erin Arvedlund
Creator
Author
Subject
Language
eng
Summary
  • "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"--
  • "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"--
Assigning source
  • Provided by publisher
  • Provided by publisher
Cataloging source
TOH
http://library.link/vocab/creatorName
Arvedlund, Erin,
Dewey number
364.16/8
Illustrations
illustrations
Index
index present
LC call number
K5223
LC item number
.A78 2014
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Bank fraud
  • Banking law
  • Commercial crimes
  • Global Financial Crisis, 2008-2009
  • LIBOR market model
  • Interest rate futures
Label
Open secret : the global banking conspiracy that swindled investors out of billions, Erin Arvedlund
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages 251-278) and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Dimensions
24 cm
Extent
xiv, 290 pages
Isbn
9781591846680
Media category
unmediated
Media MARC source
rdamedia
Other physical details
illustrations
System control number
  • ocn869802212
  • 1407153
  • (OCoLC)869802212
Label
Open secret : the global banking conspiracy that swindled investors out of billions, Erin Arvedlund
Publication
Bibliography note
Includes bibliographical references (pages 251-278) and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Dimensions
24 cm
Extent
xiv, 290 pages
Isbn
9781591846680
Media category
unmediated
Media MARC source
rdamedia
Other physical details
illustrations
System control number
  • ocn869802212
  • 1407153
  • (OCoLC)869802212

Library Locations

    • Hickory GroveBorrow it
      5935 Hickory Grove Road, Charolette, NC, 28215, US
      35.2229798 -80.730329
    • Main LibraryBorrow it
      310 North Tryon Street, Charlotte, NC, 28202, US
      35.2285213 -80.8421167
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