Alexis Stenfors spent 15 years as a trader at HSBC, Citi, Crédit Agricole and Merrill Lynch. In 2009, he found himself at the centre of a ‘mispricing’ scandal which would eventually result in him being described as one of the ‘world’s most infamous rogue traders’. He is currently Senior Lecturer in Economics and Finance at Portsmouth Business School.

The most shocking element of Stenfors’s new book is that it confirms that the economic crisis, which was effectively created by the banks, did very little to make the banks address their bad habits.

• List of Acronyms Introduction: “It’s a misunderstanding”1.The Barometer of Fear2.“Why did you do it?”3.Superheroes and Beauty Pageants4.The LIBOR Illusion5.The Value of Secrets6.Conventions and Conspiracies7.Rotten Apples8.The Perfect StormEndnotesBibliography

Alexis Stenfors spent 15 years as a trader at HSBC, Citi, Crédit Agricole and Merrill Lynch. In 2009, he found himself at the centre of a ‘mispricing’ scandal which would eventually result in him being described as one of the ‘world’s most infamous rogue traders’. He is currently Senior Lecturer in Economics and Finance at Portsmouth Business School.

The most shocking element of Stenfors’s new book is that it confirms that the economic crisis, which was effectively created by the banks, did very little to make the banks address their bad habits.

• List of Acronyms Introduction: “It’s a misunderstanding”1.The Barometer of Fear2.“Why did you do it?”3.Superheroes and Beauty Pageants4.The LIBOR Illusion5.The Value of Secrets6.Conventions and Conspiracies7.Rotten Apples8.The Perfect StormEndnotesBibliography

Alexis Stenfors spent 15 years as a trader at HSBC, Citi, Crédit Agricole and Merrill Lynch. In 2009, he found himself at the centre of a ‘mispricing’ scandal which would eventually result in him being described as one of the ‘world’s most infamous rogue traders’. He is currently Senior Lecturer in Economics and Finance at Portsmouth Business School.

The most shocking element of Stenfors’s new book is that it confirms that the economic crisis, which was effectively created by the banks, did very little to make the banks address their bad habits.

• List of Acronyms Introduction: “It’s a misunderstanding”1.The Barometer of Fear2.“Why did you do it?”3.Superheroes and Beauty Pageants4.The LIBOR Illusion5.The Value of Secrets6.Conventions and Conspiracies7.Rotten Apples8.The Perfect StormEndnotesBibliography