The Penguin Podcast is back! Listen Now
Reckless

Reckless

The Rise and Fall of the City

Summary

In 1997 it seemed that things in the City could only get better. For ten years everything went according to plan. Buoyed by a strong pound and cheered on by an excitable media, the bankers became the heroes of the age. And then in the summer of 2007 everything began to collapse. Barely a year later the City was in tatters.

Greed, guile and excess - this definitive insider's account charts an intoxicated decade and cogently reveals just how, and why, the City got it so badly wrong.

Reviews

  • Reveals the systemic and destructive way that British finance works... Understands both the people and the processes... His best book yet
    Will Hutton, Guardian

About the author

Philip Augar

Learn More

More from this Author

Sign up to the Penguin Newsletter

For the latest books, recommendations, author interviews and more