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 "A compelling story of how the City came to be regarded as the jewel in Britain's economic crown... yet was fundamnetally flawed...and became a byword for greed and complacency" Financial Times "Clear about the causes, Augar is also clear about the solutions" Evening Standard

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 "A compelling story of how the City came to be regarded as the jewel in Britain's economic crown... yet was fundamnetally flawed...and became a byword for greed and complacency" Financial Times "Clear about the causes, Augar is also clear about the solutions" Evening Standard

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 "A compelling story of how the City came to be regarded as the jewel in Britain's economic crown... yet was fundamnetally flawed...and became a byword for greed and complacency" Financial Times "Clear about the causes, Augar is also clear about the solutions" Evening Standard