The Spider Network

The Wall Street Journal's award-winning business reporter explores the shocking story behind one of the largest financial scandals in history, focusing on a group of traders and bankers who manipulated the Libor rate for profit. Central to this tale is Tom Hayes, a talented yet troubled mathematician, whose involvement helped form the so-called "Spider Network"—a circle that fueled immense financial gains before their scheme unraveled. This riveting account offers not only an inside look at the scam but also raises questions about the integrity of the global financial system.