The Spider Network cover art

The Spider Network

The Wild Story of a Maths Genius, a Gang of Backstabbing Bankers, and One of the Greatest Scams in Financial History

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The Spider Network

By: David Enrich
Narrated by: Mike Chamberlain
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About this listen

Short-listed for the Financial Times Business Book of the Year

Random House presents the audiobook edition of The Spider Network by David Enrich, read by Mike Chamberlain.

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 14 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 listen for fans of The Wolf of Wall Street and The Big Short.

©2017 David Enrich (P)2017 Random House Audiobooks
Banks & Banking Con Artists, Hoaxes & Deceptions True Crime White Collar & Corporate Crime Crime Wall Street Banking

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Critic reviews

"Will snare you in its web of deceit. A brilliant investigative exposé." (Harlan Coben, best-selling thriller author)

"Reads like a fast-paced John le Carré thriller, and never lets up." (New York Times book review)

All stars
Most relevant
I had followed the news of the LIBOR scandal as it was uncovered, so an opportunity to have an in depth understanding of all the aspects of the case could not be missed.

The story is fascinating, I was pleased that it wasn’t a defence of the proponents actions. Instead it sets out how the individuals got into the positions they did and is also a case study in toxic follower-ship.

There is a bit of technical detail in the story which may make it a little inaccessible to those with limited understanding of the financial system or derivatives but on the whole this is a story about people, greed and naivety.

I would recommend this to anyone who wishes to understand the story behind the headlines of the LIBOR scandal.

Balanced analysis of the LIBOR scandal

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Very interesting, but narration is terrible. Sounds like he doesn't understand a word he's saying. Quite hard to get through, all in all.

Hit & Miss

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conventional wisdom about the libel scandal has really turned on its head in the last two or three years with the overturning of convictions from a number of Deutsche Bank traders and the outrageous story of Peter Johnson at Barclays who was blowing a whistle about lowballing but nonetheless was sent to prison while his superiors were not. whilst this book reflects what was known at the time in 2017 I wonder if David enrich feels it should be revisited in a light of the subsequent developments. For one thing, Tom Hayes’ conviction is to be reconsidered by the criminal review board.

great book but possibly due a revision

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was expecting more intricacy to the scheme. a nice story but not much depth to it

expected more

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this was a really good book interesting to see how events folded I wish it didn't finish

loved it

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