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Barometer of Fear

An insider's account of the greatest and scandal in history
Publisher: Best Red
Availability:in stock 1000 item(s)
Product Length: 198MM
Width: 129MM
R275,00

About the Book

Are recent bank and financial scandals the work of a few 'bad apples' or an inevitable result of a financial system rotten to its core? In Barometer of Fear Alexis Stenfors guide us through the shadowy would 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 on a realm that for too long has remained hidden from public view.

About the authors

Alexis Stenfors spent 15 years as a trader at HSBC, Citi, Crédit Agricole and Merrill Lynch. In 2009, he found himself at the centre of a 'misplacing' scandal which would eventually result in him being described as one of the 'world's most infamous rogue traders'. He is currently Senior Lecturer in Economics and Finance at Portsmouth Business School.

Contents

Acknowledgements
Abbreviations

Introduction: 'It's a misunderstanding'

  1. The barometer of fear
  2. 'Why did you do it?'
  3. Superheroes and beauty pageants
  4. The LIBOR illusion
  5. The value of secrets
  6. Conventions and conspiracies
  7. Rotten apples
  8. The perfect storm

Glossary
Notes
Bibliography
Index