The FIX – How Bankers Lied, Cheated and Colluded to Rig the World’s Most Important Number – A Book Review by Bill Dahl

The FIX – How Bankers Lied, Cheated and Colluded to Rig the World’s Most Important Number

The Fix

Liam Vaughan and Gavin Finch – John Wiley & Sons Ltd.U.K. and Bloomberg Press 2017

Since 2013, a minimum of seven banks have been assessed fines of approximately US $10 billion for rigging currency rates. This is that story.

Crafted by two award winning investigative journalists (2014 Gerald Loeb Award for excellence in business journalism and the Wincott Award for the best financial journalism of the year) – The superb talents of Vaughan and Finch are on full display in this page burning firecracker of a tale. I was somewhat reluctant to select this work – that reluctance was immediately dispelled. This duo is freaking unbelievable. Their treatment of this matter keeps the reader engaged from page to page. It’s a superb work of non-fiction. It would be a great movie as well.

Get your FIX. Devour this addictive tale. It is guaranteed to make you sick to your stomach in frustration over yet another financial folly perpetrated upon a trusting world.

“Anytime there’s human beings involved and there’s the potential to make money, they do it.” p. 174 – quote from Steve Obie – CFTC. – Commodity Futures Trading Commission.

Superb tale! Period!!! PLEASE MAKE THE MOVIE!!!

 


 

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