The Spider Network is the almost-unbelievable and darkly entertaining inside account of the Libor scandal – one of the biggest, farthest-reaching financial scams since the global financial crisis – written by the only journalist with access to Tom Hayes before he was sentenced to fourteen years in prison. Full of exclusive details, and with ramifications that stretch right across the British establishment, this is a gripping, real-life story of outlandish characters and reckless greed in the City of London.

By turns a rollicking account of the scandal and also a provocative examination of a financial system that was crooked throughout, The Spider Network is a perfect read for fans of The Wolf of Wall Street and The Big Short.

Review
"Anyone with an interest in financial services and in what has gone wrong will find The Spider Network compelling." (Daniel Finkelstein The Times)

"a surprisingly human narrative … truly memorable … a vivid depiction of the ethos of the core financial institutions upon which the global economy depends" (New York Times)

"a model of investigative financial writing... a more satisfying read than THE BIG SHORT by Michael Lewis" (Literary Review)

"will snare you in its web of deceit, lies, corruption, manipulation and colourful characters. [a] brilliant investigative exposé" (Harlan Coben, bestselling thriller author)

"supremely gripping ... a thrilling tour de force of reporting, revelation and reasoning ... unmissable" (Iain Martin, bestselling author of MAKING IT HAPPEN: FRED GOODWIN, RBS AND THE MEN WHO BLEW UP THE BRITISH ECONOMY)

"An incredibly entertaining, globe-straddling inside account of how one trader turbocharged a greedy cabal that scammed savers and borrowers everywhere. A must read if you want to understand how big banks and traders really work" (Marcus Brauchli, former Executive Editor of the Washington Post and Managing Editor of the Wall Street Journal)

"Equally entertaining and illuminating … Enrich’s brilliant depiction … owes to deep reporting, deft writing, and a nuanced approach that characterizes the entire book… First-rate." (John Helyar, bestselling author of BARBARIANS AT THE GATE)

"how did a socially awkward English math whiz mastermind manipulation of lending rates on a global scale? And was Tom Hayes truly the mastermind, or just a cog in a corrupt banking system? In David Enrich’s gripping tale, the characters have nicknames worthy of the Mafia, and their ethical compasses aren't much better" (Paul Ingrassia, Pulitzer Prize winner and bestselling author of CRASH COURSE)

"gripping and disturbing ... It reads like a thriller and has some hilarious moments, whilst raising important questions about the nature of our financial and judicial systems" (Ian Fraser, journalist and author of SHREDDED: INSIDE RBS, THE BANK THAT BROKE BRITAIN)

"David Enrich is a masterful story teller ... Michael Lewis has a new rival" (Sheila Bair, former chair of the FDIC and president of Washington College)

David Jules Enrich is an American author, reporter and editor. He is currently financial editor at The New York Times based in New York and was previously financial enterprise editor at The Wall Street Journal