"Mr. Enrich effectively uses the unique access he secured to the mildly autistic UBS trader, Tom Hayes, who became the fall guy for the unfolding scandal, to produce a surprisingly human narrative. But as entertaining as the colorful character portraits are, what makes "The Spider Network" truly memorable are the portraits of the various institutions that made the scandal not just possible but inevitable. "The Spider Network" is at its most compelling when describing the quotidian activities of the "network" of traders and brokers who tirelessly concocted strategies to influence the benchmark rate -- or at least convince an important client that they had. Using not just exhaustive interviews with Mr. Hayes and others, but reams of text messages and transcripts amassed during various investigations and lawsuits, Mr. Enrich reveals a culture in which success is defined by the outcome of the next trade and the only relationships that matter are among the network participants and their enablers higher up." - Jonathan A.
Knee, New York Times Book Source "Mr. Enrich effectively uses the unique access he secured to the mildly autistic UBS trader, Tom Hayes, who became the fall guy for the unfolding scandal, to produce a surprisingly human narrative." - Jonathan A. Knee, New York Times DealBook "Exciting.Written in a lively style reminiscent of Ben Mezrich's financial best-sellers, the book is full of colorful characters, high-flying wheeling and dealing, and intrigue. Hayes comes across as a greedy and irresponsible fellow, someone who was only too happy to use the global financial collapse in the late 2000s for his own private gain and who was ultimately--and this is deliciously ironic--brought down by journalists who were writing about that very same collapse. Highly recommendable for readers who enjoy true crime in the world of high finance." - Booklist "David Enrich is a masterful financial story teller using real time communications from the central figures.
He weaves into his narrative not only what happened, but how it happened and why. Michael Lewis has a new rival." - Sheila Bair, former chair of the FDIC and bestselling author of Bull by the Horns "An absorbing read that provides both a meticulous dissection of an immense scandal as well as a fascinating human story." - Bethany McLean, author of The Smartest Guys in the Room and All the Devils Are Here "A feat of reporting, and much of it reads like a novel. Enrich's unfettered access to Hayes and his keen eye for detail make for a compelling portrait of a gifted but troubled man." - Washington Post "In the hands of journalist David Enrich, the true tale of former UBS and Citigroup trader Tom Hayes becomes a page-turning crime drama that engages--and educates--readers from beginning to end." - Charlotte Observer "As entertaining as the colorful character portraits are, what makes The Spider Network truly memorable are the portraits of the various institutions that made the scandal not just possible but inevitable." - New York Times "[Enrich's] impressive reporting and writing chops are on full display in The Spider Network.
From the start, the book reads like a fast-paced John le Carré thriller, and never lets up." - William D. Cohan, New York Times Book Review "Dare I say it, but The Spider Network will snare you in its web of deceit, lies, corruption, manipulation and colorful characters. David Enrich's brilliant investigative expose will reverberate from Wall Street to Main Street." - Harlan Coben, bestselling author of Home and Fool Me Once.