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Why Aren't They Shouting?
Why Aren't They Shouting?
Apr 20, 2025 6:53 AM

Author:Kevin Rodgers

Why Aren't They Shouting?

‘Eloquent, entertaining and accessible.’ FT Adviser

When Kevin Rodgers embarked on his career in finance, dealing rooms were filled with clamouring traders and gesticulating salesmen. Nearly three decades later, the bustle has gone and the loudest noise you’re likely to hear is the gentle tapping of keyboards.

Why Aren’t They Shouting? is one banker’s chronicle of this silent revolution, taking us from an age of shouted phone calls and alpha males right up to today’s world of computer geeks and complex derivatives. Along the way, Rodgers offers a masterclass in how modern banking actually works, exploring the seismic changes to the global financial industry over the last thirty years. Above all, his story raises a deeply troubling question: could it be that the technology that has transformed banking – and that continues to do so – is actually making it ever more unstable?

‘A welcome addition to the panoply of must-read titles about banking before, during and after the crisis … by someone who was actually at the centre of the industry at the time.’ Euromoney

‘An animated first-person narrative about the reality of banking … lively and engaging.’ LSE Review of Books

Reviews

An animated, first-person narrative about the reality of banking … lively and engaging … Rodgers takes your hand and walks you through the history of finance.

—— LSE Review of Books

A welcome addition to the panoply of must-read titles about banking before, during and after the crisis … by someone who was actually at the centre of the industry at the time.

—— Euromoney

A rip-roaring ride through the dealing floors of the world’s financial market … the storyline is eloquent, right up there with the calibre of the master of the genre, Michael Lewis.

—— Financial Advisor

This is an enjoyable, fast-paced yet informative book … readers will be absorbed and fascinated by the inner workings of an industry that is essential to all our lives.

—— International Investment

A truly insightful look into the history of technology and what it could mean for banking’s future

—— Small Business Trends

A timely publication from [an] unquestionably authoritative vantage point … Eloquent, entertaining and accessible.

—— FT Adviser

Equally entertaining and illuminating … Enrich’s brilliant depiction … owes to deep reporting, deft writing, and a nuanced approach that characterizes the entire book… First-rate.

—— John Helyar, bestselling author of BARBARIANS AT THE GATE

how did a socially awkward English math whiz mastermind manipulation of lending rates on a global scale? And was Tom Hayes truly the mastermind, or just a cog in a corrupt banking system? In David Enrich’s gripping tale, the characters have nicknames worthy of the Mafia, and their ethical compasses aren't much better

—— Paul Ingrassia, Pulitzer Prize winner and bestselling author of CRASH COURSE

gripping and disturbing ... It reads like a thriller and has some hilarious moments, whilst raising important questions about the nature of our financial and judicial systems

—— Ian Fraser, journalist and author of SHREDDED: INSIDE RBS, THE BANK THAT BROKE BRITAIN

David Enrich is a masterful story teller ... Michael Lewis has a new rival

—— Sheila Bair, former chair of the FDIC and president of Washington College

An absorbing read that provides both a meticulous dissection of an immense scandal as well as a fascinating human story

—— Bethany McLean, bestselling author of THE SMARTEST GUYS IN THE ROOM: THE AMAZING RISE AND SCANDALOUS FALL OF ENRON

For years, David Enrich has chased down the inside story of one the biggest financial frauds in history and was even threatened with jail by a British court if he printed what he knew. Now, in his blockbuster book The Spider Network, all of the secrets come spilling out…With an unerring eye for detail, Enrich shows in this masterful work how a toxic stew of greed, arrogance and a lust for power led to a criminal scheme of unparalleled dimensions. It should be required reading for anyone who wants to understand the dirty underbelly of the financial world.

—— Kurt Eichenwald, Pulitzer Prize winning author of THE INFORMANT

This dwarfs by orders of magnitude any financial scams in the history of markets.

—— Andrew Lo, Professor of Finance at MIT

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.

—— The Charlotte Observer

A gripping narrative ... impressive reporting and writing chops are on full display ... reads like a fast-paced John le Carré thriller, and never lets up

—— New York Times book review

a feat of reporting, and much of it reads like a novel

—— Leigh Gallagher , Washington Post

a remarkable read

—— John Arlidge , Sunday Times

jaw-dropping

—— Financial Times

a gripping financial thriller

—— Daily Mail

Well worth the read. I couldn’t put it down

—— Investing.com

A potent book... an incisive social critique that slices through financial jargon and gobbledygook to accurately map the all-too-common corruption in America’s hedge funds that are sucking up billions and billions that used to be invested for the growth and benefit of society as a whole in building infrastructure, expanding existing and new businesses and creating jobs

—— Winnipeg Free Press

An utterly absorbing look at how Cohen pushed his traders to the limit—that “black edge”—and how he mostly insulated himself from the potential ramifications. This fast-paced, true-life thriller will leave readers enraptured—and troubled

—— Booklist
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