Get Discount 5% Off
Subscribe to our newsletters now and stay up-to-date with new arrivals, updates and deals.
Rigged: The Incredible True Story of the Whistleblowers Jailed After Exposing the Rotten Heart of the Financial System
Corruption, collusion and a miscarriage of justice on both sides of the Atlantic, where whistleblowers were wrongly...
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
SKU:
9780750998857
Product Type:
Books
Please hurry! Only 0 left in stock
10 customers are viewing this product
Couldn't load pickup availability
Corruption, collusion and a miscarriage of justice on both sides of the Atlantic, where whistleblowers were wrongly jailed for crimes they didn't commit: this is the shocking true story of the Libor scandal, just not as you knew it.
Rigged picks up where The Big Short leaves off, in the autumn of 2007, as the dark clouds of the financial crisis gather. Financial institutions enter a state of panic. For the Big 16 banks, their measure of health is an interest rate measure known as 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, nationalization and loss of bonuses, banks and financial institutions conspire to rig Libor so it stays artificially low, a criminal practice known as lowballing. A handful of low-level traders, outraged after being ordered to rig Libor, turn whistleblowers, alerting the Wall Street Journal. When it proves impossible for the investigators to pin the crime on the banks themselves, they turn on the traders. They charge them with rigging interest rates for profit, a crime of which - as Rigged proves - they were innocent.30 traders have been prosecuted at the time of writing, with 11 convicted, 13 acquitted and 6 on the run. They remain the only bankers jailed since the 2008 financial crisis - and they're innocent of the crimes of which they are accused. In fact, as Rigged exclusively shows, the crimes didn't even take place. These trials served as a distraction, allowing the real perpetrators - bank bosses and executives, the people who played havoc with ordinary people's money - to go unpunished.
Innocent people jailed for years for doing the right thing, their lives ruined and families destroyed. One of the most spectacular miscarriages of justice the US and UK have ever seen. How could this happen?
Turns out, it's not just the market that's rigged - it's the entire system.
Author: Andy Verity
Publisher: Flint
Published: 09/05/2023
Pages: 320
Binding Type: Hardcover
Weight: 1.64lbs
Size: 9.47h x 6.46w x 1.30d
ISBN: 9780750998857
About the Author
Andy Verity is the award-winning economics correspondent for BBC News, covering finance and business on the BBC radio and TV bulletins as well as reporting for Panorama, BBC Newsnight and BBC Radio 4's investigative strand, File on Four. He can currently be heard on the UK's Today program, Radio Four's six o'clock news and the BBC News TV channel. He has broadcast and published high-impact investigative stories on the Libor scandal, including a Panorama film on the Bank of England's role and 'The Lowball Tapes', an explosive podcast. This is his first book.
Returns Policy
You may return most new, unopened items within 30 days of delivery for a full refund. We'll also pay the return shipping costs if the return is a result of our error (you received an incorrect or defective item, etc.).
You should expect to receive your refund within four weeks of giving your package to the return shipper, however, in many cases you will receive a refund more quickly. This time period includes the transit time for us to receive your return from the shipper (5 to 10 business days), the time it takes us to process your return once we receive it (3 to 5 business days), and the time it takes your bank to process our refund request (5 to 10 business days).
If you need to return an item, simply login to your account, view the order using the "Complete Orders" link under the My Account menu and click the Return Item(s) button. We'll notify you via e-mail of your refund once we've received and processed the returned item.
Shipping
We can ship to virtually any address in the world. Note that there are restrictions on some products, and some products cannot be shipped to international destinations.
When you place an order, we will estimate shipping and delivery dates for you based on the availability of your items and the shipping options you choose. Depending on the shipping provider you choose, shipping date estimates may appear on the shipping quotes page.
Please also note that the shipping rates for many items we sell are weight-based. The weight of any such item can be found on its detail page. To reflect the policies of the shipping companies we use, all weights will be rounded up to the next full pound.
Related Products
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Recently Viewed Products
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
Example product title
- BD$52.63 BMD
- BD$52.63 BMD
- Unit price
- per
- Choosing a selection results in a full page refresh.