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Fix : How Bankers Lied, Cheated and Colluded to Rig the World's Most Important Number (Hardcover) (Liam

Fix : How Bankers Lied, Cheated and Colluded to Rig the World's Most Important Number (Hardcover) (Liam - image 1 of 1
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The book will be a definitive account of the Libor scandal, in which the world’s biggest banks colluded to rig the price of money for their own benefit and, in doing so, altered trillions of dollars of contracts from mortgages and derivatives to the interest paid on the U.S. government’s TARP loans.

However, the book will not simply be a temporal narrative of the scandal. The authors intend to discuss the implications of the Libor scandal on other benchmarking systems, discuss internal challenges for banks as well as regulators who are currently dealing with the fall-out and also discuss the potential reforms necessary to really repair and renew the system.

The book will be a definitive account of the Libor scandal, in which the world?s biggest banks colluded to rig the price of money for their own benefit and, in doing so, altered trillions of dollars of contracts from mortgages and derivatives to the interest paid on the U.S. government?s TARP loans.

However, the book will not simply be a temporal narrative of the scandal. The authors intend to discuss the implications of the Libor scandal on other benchmarking systems, discuss internal challenges for banks as well as regulators who are currently dealing with the fall-out and also discuss the potential reforms necessary to really repair and renew the system.
Number of Pages: 201.0
Genre: Business + Money Management
Sub-Genre: Finance
Series Title: Bloomberg
Format: Hardcover
Publisher: John Wiley & Sons Inc
Author: Liam Vaughan & Gavin Finch
Language: English
Street Date: January 24, 2017
TCIN: 16891978
UPC: 9781118995723
Item Number (DPCI): 247-42-2387

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