Can’t find what you’re looking for? Chances are we can order it for you.
Request Form
Register
My Account
My Wishlist
Item added Item updated Item removed

No products in the basket.

Categories
Menu
Free delivery within Ireland (ROI & NI) on orders over €50

Rigged exposes a cover-up at the highest level on both sides of the Atlantic, upending the official story of the biggest scandal since the global financial crisis. It picks up where The Big Short leaves off, as the dark clouds of the financial crisis gather. Banks' health is judged by an interest rate called Libor (the London Interbank Offered Rate).

The higher the Libor, the worse off the bank; too high and it's goodnight Vienna. Libor is heading skywards. To save themselves from collapse, nationalisation and loss of bonuses, banks instruct traders to manipulate Libor down - a criminal practice known as lowballing.

Outraged, traders turn whistleblowers, alerting the authorities. As Rigged reveals, their instructions come first from top bosses - then from central banks and governments. But when the scandal explodes into the news, prosecutors allow banks to cover up the evidence pointing to the top.

Instead, they accuse 37 traders of another kind of interest rate 'rigging' that no-one had seen as a crime. In nine trials from 2015 to 2019, nineteen are convicted and sentenced. Rigged exclusively shows why all the defendants are innocent, and how any real culprits go unpunished.

How could this happen? Turns out, it's not just the market that's rigged. It's the entire system.

Author: 
Format: Hardback
Publication Date: 1 June 2023
Pages: 348
ISBN: 9780750998857 Categories: , ,

Rigged : The Incredible True Story of the Whistleblowers Jailed after Exposing the Rotten Heart of the Financial System

31.70

Usually ships in 2-3 days

Usually dispatched in 5-10 business days

Add to Wishlist
Add to Wishlist
0
Your Cart
Item added Item updated Item removed

No products in the basket.

crossmenu