Philip Augar worked in investment banking for over twenty years. He led NatWest's global equity and bond business before becoming a Group Managing Director at Schroders. Since 2000 he has combined consulting and writing. This is his fifth book. He can be contacted at: www.philipaugar.com

"Reveals the systemic and destructive way that British finance works... Understands both the people and the processes... His best book yet" -- Will Hutton Guardian "A meticulously researched history of the City under New Labour. This is a good and eloquently written book...refreshingly non-judgemental" Literary Review "On the money. The City's staggering fall from grace is neatly summed up by a former investment banker" Sunday Times "Compelling... Exposes the dysfunctional management processes and ego-driven internal feuding" Financial Times "Augar is a former city man with the rare ability to take the reader through the complexities of high finance." -- Nick Cohen Observer

Philip Augar worked in investment banking for over twenty years. He led NatWest's global equity and bond business before becoming a Group Managing Director at Schroders. Since 2000 he has combined consulting and writing. This is his fifth book. He can be contacted at: www.philipaugar.com

"Reveals the systemic and destructive way that British finance works... Understands both the people and the processes... His best book yet" -- Will Hutton Guardian "A meticulously researched history of the City under New Labour. This is a good and eloquently written book...refreshingly non-judgemental" Literary Review "On the money. The City's staggering fall from grace is neatly summed up by a former investment banker" Sunday Times "Compelling... Exposes the dysfunctional management processes and ego-driven internal feuding" Financial Times "Augar is a former city man with the rare ability to take the reader through the complexities of high finance." -- Nick Cohen Observer