PublicationStatus

Brand

Format

AgeRange

Series

Imprint

CategoryLabel

Silvia Federici

<a href="https://shop.penguin.co.uk/collections/book-bundles-modern-classics/?&amp;utm_source=Penguin.co.uk&amp;utm_medium=Linked_text&amp;utm_campaign=Penguin_Modern_Classics_Series_26_06">Choose 3 timeless classics for only £21 over on the Penguin Shop</a>

A cult classic since its publication in the early years of this century, Caliban and the Witch is Silvia Federici's history of the body in the transition to capitalism. Moving from the peasant revolts of the late Middle Ages through the European witch-hunts, the rise of scientific rationalism and the colonisation of the Americas, it gives a panoramic account of the often horrific violence with which the unruly human material of pre-capitalist societies was transformed into a set of predictable and controllable mechanisms. It is a study of indigenous traditions crushed, of the enclosure of women's reproductive powers within the nuclear family, and of how our modern world was forged in blood.

Caliban and the Witch

Women, the Body and Primitive Accumulation

Dana Vachon

Mergers &amp; Acquisitions is the story of Tommy Quinn, a recent Georgetown graduate who has just landed the job of his dreams as an investment banker at J. S. Spenser, and the perfect girl, Frances Sloan, the daughter of one of New York's oldest moneyed families. As he travels from the most exclusive ballrooms of the Racquet and Tennis Club to the stuffiest boardrooms of J. S. Spenser, from the golf links of Piping Rock to the bedrooms of Park Avenue, and from the debaucheries on the yacht of a Mexican billionaire to the Ritalin-strewn prep-school dorm of his younger brother, he finds that the job and the girl are not what they once seemed. 
 
Sharply written, fast-paced and bitingly witty, Mergers &amp; Acquisitions is a compulsively readable story of Manhattan's young, ambitious and wealthy. Set against the backdrop of money, lust, power, corruption, cynicism, energy and excitement that is Wall Street, it is suffused with an authenticity that only an author who lives in that world can provide. A former investment banker at JPMorgan, Vachon offers an insider's point of view on the financial scene, and he knows the moneyed turf of Manhattan inside out.

Mergers and Acquisitions

Sheelah Kolhatkar

Nominated for the FT/McKinsey Business Book of the Year 
Nominated for the Carnegie Medal for Excellence in Nonfiction 
Amazon Top 5 Business Books of 2017 
 
 
'A prodigious feat of reporting' - Malcolm Gladwell 
 
‘Black Edge has the grip of a thriller … Everyone should read this book’ - David Grann, New York Times bestselling author of THE LOST CITY OF Z 
 
 
 
How do super-rich bankers get away with it? 
 
There is a powerful new class of billionaire financiers in the world, who use their phenomenal wealth to write their own rules and laws. Chief among them is Steven Cohen, a Wall Street legend, and the basis for Damian Lewis's character in BILLIONS, who built his hedge fund into a $15 billion empire on the basis of wizard-like stock trading, and who flies to work by helicopter and owns one of the largest private art collections in the world. But his iconic status was shattered when his fund became the target of a sprawling FBI investigation into insider trading, charged with using illegal inside information – or ‘black edge’ – to beat the market. His firm, SAC Capital, was ultimately indicted and pled guilty to charges of securities and wire fraud, and paid record criminal and civil fines of nearly $2 billion. But even as the company bearing his name pled guilty, Cohen himself was never charged, and is free to start trading publicly again from January 2018. 
 
Black Edge offers a revelatory look at the grey zone in which so much of Wall Street functions, and a window into the transformation of the worldwide economy. With meticulous reporting and powerful storytelling, this is a riveting, true-life legal thriller that takes readers inside the US government’s pursuit of Cohen and his employees, and raises urgent questions about the power and wealth of those who sit at the pinnacle of the financial world.

Black Edge

Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street

Julian Hoppit

It has always been an important part of British self-image to see the United Kingdom as an ancient, organic and sensibly managed place, in striking contrast to the convulsions of other European countries. Yet, as Julian Hoppit makes clear in this fascinating and surprising book, beneath the complacent surface the United Kingdom has in fact been in a constant, often very tense argument with itself about how it should be run and, most significantly, who should pay for what. 
 
 The book takes its argument from an eighteenth century cartoon which shows the central state as the 'Dreadful Monster', gorging itself at the dinner table on all the taxes it can grab. Meanwhile the 'Poor Relations' - Scotland, Wales and Ireland, both poor because of tax but also poor in the sense of needing special treatment - are viewed in London as an endless 'drain on the state'. With drastically different levels of prosperity, population, industry, agriculture and accessibility between the United Kingdom's different nations, what is a fair basis for paying for the state?

The Dreadful Monster and its Poor Relations

Taxing, Spending and the United Kingdom, 1707-2021

Darius Foroux

'Darius has a unique ability to turn complex ideas into simple stories.' &mdash; Morgan Housel, #1 NYT bestselling author of The Psychology of Money 
 
The Stoics understood that if you can control your reactions and manage your emotions, you can achieve success. The same principles apply to our financial lives today. 
 
The only way to beat inflation and grow your wealth is by investing. The greatest investors approach the markets with discipline, emotional distance, and self-mastery&mdash;lessons that the Stoics have been teaching us for thousands of years. Combining ancient wisdom with practical investment strategies drawn from analysis of the greatest investors of all time, The Stoic Path to Wealth will teach you how to: 
- cultivate an investing edge by managing your emotions and developing your unique skills and talents. 
- develop the discipline to ignore short-term market fluctuations and avoid living in the future. 
- foster a mindset that allows you to enjoy what you have and avoid greed. 
- create a sustainable approach to trading. 
 
As financial markets become increasingly unpredictable and chaotic, The Stoic Path to Wealth offers the key to weathering any economic storm while building wealth that will last a lifetime and beyond.

The Stoic Path to Wealth

Ancient Wisdom for Enduring Prosperity

Ajaz Ahmed

Stefan Olander

How can you win when the only certainty is change? Highly accessible, lively and inspiring, Velocity draws upon the authors’ unique perspectives and experiences to present seven timeless new laws for businesses and individuals in a world that is dominated by rapid change and digital technology. 
 
Written as a fascinating and enjoyable conversation between the authors – Stefan Olander, Vice President of Digital Sport from Nike and Ajaz Ahmed founder and Chairman AKQA – Velocity's up-to-date examples illustrate key lessons, together with insights, ideas and inspiration that individuals and businesses should adopt to thrive in the digital age. 
 
Velocity shares the vision and values required to succeed with the untold backstories to influential and iconic innovation. Fast paced, useful, provocative and highly motivating, Velocity is a management book that will arm you with actionable ideas to define your future. 
 
Features: 
- 4 Velocity principles: Speed, Direction, Acceleration, Discipline. 
- 7 Laws, including 'A Smith &amp; Wesson beats four aces', 'It’s easier done than said', 'Convenient is the enemy of right' and 'No good joke survives a committee of six'.

Velocity

The Seven New Laws for a World Gone Digital

Tom Harper

From the pen of prizewinning author Tom Harper, this is a high-octane adventure thriller in the bestselling tradition of The Da Vinci Code. With a lingering sense of tension and unease coupled with all-out action and a plethora of twists and turns, it is perfect for fans of Dan Brown, Clive Cussler and Scott Mariani. 
 
'In the tradition of The Da Vinci Code, a page-turner of a novel. Like Dan Brown, Tom Harper knows how to ratchet up the tension.' -- Choice 
'Be warned, you could become so hooked by this big adventure thriller that the tide will be lapping round your deckchair before you notice' - Peterborough Evening Telegraph 
'Brilliant storytelling linking the past to the present! The level of detail and historical and geographical information is amazing.... highly recommended' -- ***** Reader review 
'A story that keeps you guessing and reading. It is hard to put down until the very last page.' -- ***** Reader review 
'A gripping yarn' -- ***** Reader review 
'So far everyone I know who has read this has done so in one sitting, some doing all-nighters to manage it.' -- ***** Reader review 
 
************************************************************************** 
EIGHT CENTURIES OF DECEIT HIDE A DEADLY SECRET 
 
Deep in the heart of London, the Monsalvat Bank is small, secretive and fabulously wealthy. When Ellie Stanton, an impoverished graduate student, is unexpectedly invited to join the firm, the offer looks too good to turn down. 
 
 But the bank is more than it seems. Soon Ellie realises that her life belongs to her employers - and they're watching her every move. For buried in their medieval vaults lies a closely-guarded treasure of immeasurable power - one inextricably bound up with Ellie's own history. 
 
 Now Ellie is in a race against time, hunted by the bank and pursued by her past. Her only hope of escape is to unearth the secret hidden in the vault. But getting in is only the beginning...

The Lazarus Vault

a pacy, heart-thumping, race-against time thriller guaranteed to have you hooked…

Walt Bogdanich

Michael Forsythe

**A TIMES AND NEW YORK TIMES BOOK OF THE YEAR 2022** 
 
An explosive exposé of a firm whose work has made your world more unequal, more corrupt and more dangerous. 
 
McKinsey & Company have earned billions consulting almost every major corporation in the world - and countless governments, including our own. Shielded by NDAs, their practices have remained vague - until now. 
 
In this propulsive investigation, prize-winning journalists Walt Bogdanich and Michael Forsythe reveal the jaw-dropping reality. McKinsey's work includes ruthless cost-cutting in the NHS, troubleshooting for Big Oil, executing Trump's immigration policies (the ones that put children in cages) as well as advising some of the world's most unsavoury despots. 
 
'A story of secrecy, delusion and untold harm' OBSERVER 
 
'Makes you so angry...the evidence the authors winkle out is astonishing' SUNDAY TIMES 
 
'Panoramic, meticulously reported and ultimately devastating' PATRICK RADDEN KEEFE 
 
'A harrowing account of decades of dishonourable exploits' ECONOMIST

When McKinsey Comes to Town

The Hidden Influence of the World's Most Powerful Consulting Firm

Brian Cruver

Brian Cruver was a first-hand witness to the disturbing, surreal and hilarious moments of American business giant Enron's long dance with death. When he first entered Enron's office complex, 'the Death Star', he was the epitome of the classic Enron employee: young, brash, obscenely overpaid and sporting a brand-new MBA. From his first day, however, when he was told that some colleagues hadn't really wanted to see him hired, he found himself in the middle of a venal greed machine whose story unfolded with Kafka-esque absurdity and frustration. The Anatomy of Greed examines the accounting tricks, the insider stock trading - and in a special section, how the grossly lucrative fraudulent partnerships were structured and funded - as well as everyday life as an Enronian. Working at Enron meant cocky wheeling and dealing, parties on the trade floor, casual conversations at the shredder and the insidious group think that made Enron employees unquestioningly accept the propaganda spoon-fed to them by Enron bosses Ken Lay and Jeffrey Skilling. A portrait of the author as a young Enronian, The Anatomy of Greed reveals the sting of reality, humility and pain felt by a man whose idols turned out to be fools and scoundrels and who learned that there is more to life than stock options.

Enron

The Anatomy of Greed The Unshredded Truth from an Enron Insider

Niall Ferguson

THE NEW YORK TIMES BESTSELLER 
'Silicon Valley needed a history lesson and Ferguson has provided it' Eric Schmidt 
 
Most history is about the people at the top of the towers of power. But what if the real action is in the social networks down below, in the town squares? Niall Ferguson, the international bestselling author of Empire, The Ascent of Money and Civilization, brilliantly recasts past and present as an unending contest between hierarchies and networks. 
 
'Provocative, snappy, a rare book ... fasten your seatbelts' Peter Frankopan, Daily Telegraph 
 
'Immensely stimulating, absorbing, illuminating ... sends ideas blazing all over the place ... one of the best popular historians of our time' David Goodhart, Prospect 
 
'Powerful, fast-paced ... a pull-yourself-together warning to the present by way of arresting historical precedent' Andrew Anthony, Guardian 
 
'Captivating and compelling' Jonathan A. Knee, The New York Times

The Square and the Tower

Networks, Hierarchies and the Struggle for Global Power

John Kenneth Galbraith

'One of the most engrossing books I have ever read' Daily Telegraph 
 
John Kenneth Galbraith's now-classic account of the 1929 stock market collapse remains the definitive book on the most disastrous cycle of boom and bust in modern times. 
 
Vividly depicting the causes, effects, aftermath and long-term consequences of financial meltdown, Galbraith also describes the people and the corporations who were affected by the catastrophe. With its depiction of the 'gold-rush fantasy' ingrained in America's psychology, The Great Crash 1929 remains a penetrating study of human greed and folly.

The Great Crash 1929

Bread, cash, dosh, dough, loot. Call it what you like, it matters now more than ever. In The Ascent of Money, Niall Ferguson shows that finance is the foundation of all human progress and the lifeblood of history. From the cash injection that funded the Italian Renaissance to the stock market bubble that sparked the French Revolution, from the bonds that fuelled Britain's war effort to the Wall Street Crash and today's meltdown, this is the story of boom and bust as it's never been told before. Whether you're scraping by or rolling in it, there's no better time to understand the ascent of money.

The Ascent of Money

A Financial History of the World

Robert Harris

'Harris is a master of pace and entertainment' Observer 
 
'Could scarcely be more of the moment' The Times 
 
Nothing spreads like fear . . . 
 
In the secretive inner circle of the ultra-rich, Alex Hoffmann is a legend. 
 
He has developed an algorithm for playing the financial markets that generates billions of pounds - and feeds on panic. 
 
When one day his system is threatened by a terrifying intruder who breaches the elaborate security of his lakeside home, his life becomes a waking nightmare of violence and paranoia. 
 
But who is trying to destroy him? And is it already too late? 
 
'There are moments when this book feels so up to date it could have been written next week . . . spookily exciting' Express

The Fear Index

Yanis Varoufakis

**THE SUNDAY TIMES BESTSELLER** 
 
Yanis Varoufakis, world renowned economist, writes to his daughter to teach her the hazards of capitalism. 
 
'Why is there so much inequality?' asked Xenia to her father. Answering her questions in a series of accessible and tender letters, Varoufakis educates her to what economics and capitalism is and why it is so dangerous. 
 
Taking from memories of her childhood and a variety of well-known tales - from Oedipus and Faust to Frankenstein and The Matrix - Varoufakis turns Talking To My Daughter into an enjoyable and engaging read, without ever shying from the harder truths. Greece's former finance minister explains everything you need to know to understand why economics is the most important drama of our times. 
 
In answering his daughter's deceptively simple questions, Varoufakis disentangles our troubling world with remarkable clarity and child-like honesty, as well as inspiring us to make it a better one. 
 
'Utterly accessible, deeply humane and startlingly original - a potent democratic tool at the perfect time' Naomi Klein

Talking to My Daughter

The Sunday Times Bestseller

Ben Mezrich

The true story of the Ivy League hedge fund cowboys who gambled with the dangerously high stakes of the Asian stock market. 
 
John Malcolm, high school football hero and Princeton graduate made his millions back in the early '90s, a time when dozens of elite young American graduates made their fortunes in hedge funds in the Far East, beating the Japanese at their own game, riding the crashing waves of the Asian stock markets, gambling at impossibly high stakes and winning. Failure meant not only bankruptcy and disgrace à la Nick Leeson, but potentially even death - at the hands of the Japanese Yakuza: one of the world's most notoriously violent organised crime syndicates. 
 
Ugly Americans tells Malcolm's story, and that of others like him, in a high octane book, filled with glamour, money and the dangers these incur, this true story is a cross between Mezrich's own best-selling Bringing Down the House and Michael Lewis' Liar's Poker.

Ugly Americans

Spencer Jakab

January 2021: in one week, a motley crew of retail traders on Reddit's r/wallstreetbets forum seemingly accomplish the impossible - they bring down some of the biggest, richest players on Wall Street. Their weapon is GameStop, a failing retailer whose shares briefly become the most-traded security on the planet and the subject of intense media coverage. 
 
The Revolution That Wasn't is the riveting story of how the meme stock squeeze unfolded, and of the real architects (and winners) of the GameStop rally. Drawing on his years as a stock analyst at a major bank, Jakab exposes technological and financial innovations such as Robinhood's habit-forming smartphone app as ploys to get our dollars within the larger story of evolving social and economic pressures. The surprising truth? What appeared to be a watershed moment - a revolution that stripped the ultra-powerful hedge funds of their market influence and placed power back in the hands of everyday investors, only tilted the odds further in the house's favour. 
 
In this nuanced analysis, Jakab shines a light on the often-misunderstood profit motives and financial mechanisms to show how this so-called revolution is, on balance, a bonanza for Wall Street. But, Jakab argues that there really is a way for ordinary investors to beat the pros: by refusing to play their game.

The Revolution That Wasn't

How GameStop and Reddit Made Wall Street Even Richer

William D. Cohan

William D. Cohan's The Last Tycoons: The Secret History of Lazard Frères &amp; Co. is the astonishing story of the world's most elite and legendary investment bank - and the men who reigned over it all. 
 
 For over 150 years Lazard Frères had stood apart from other Wall Street firms by offering ultra-wealthy clients the wisdom of its 'Great Men': from Felix Rohatyn, the escapee from Nazi-occupied France turned financial genius, to Michel David-Weill, the inscrutable French billionaire 'Sun King'; from Steve Rattner, the boy wonder from Long Island who clashed violently with the old guard, to larger-than-life CEO Bruce Wasserstein, 'Bid-Em-Up-Bruce', who broke with the bank's traditions and made himself billions in the process. They amassed unimaginable fortunes and would stop at nothing to make a deal, until their titanic egos started to jeopardize everything. 
 
 In The Last Tycoons William Cohan, himself a former high-level Wall Street banker, takes us into their mysterious and secretive world, telling a story of ruthless ambition, whispered advice, explosive feuds, glamorous mistresses, decadent excesses and unimaginable wealth. 
 
 'Spellbinding' &amp;nbsp;&amp;nbsp;Financial Times 
 
 'A definitive account ... it lives up to the billing' &amp;nbsp;&amp;nbsp;The Times 
 
 'Has sent a jolt through Lazard and the rest of Wall Street' &amp;nbsp;&amp;nbsp;Wall Street Journal 
 
 William D. Cohan was an award-winning investigative journalist before embarking on a seventeen-year career as an investment banker on Wall Street. His first book, The Last Tycoons, about Lazard, won the 2007 Financial Times/Goldman Sachs Business Book of the Year Award and was a New York Times bestseller. His second book, House of Cards, also a bestseller, is an account of the last days of Bear Stearns &amp; Co. He is also the author of Money and Power: How Goldman Sachs Came to Rule the World.

The Last Tycoons

The Secret History of Lazard Frères & Co.

Guy Hands

Diagnosed at the age of five as severely dyslexic, Guy Hands managed to overcome the challenges of school to start his own private equity company, and in The Dealmaker he shares the ups and downs of a tumultuous career as a serial entrepreneur. He gives blow-by-blow descriptions of the huge deals that he has done over the years, first at Nomura and then as head of his own company, Terra Firma. He explains how he approaches each opportunity, whether that involves cinema chains, pubs, aircraft leasing or green energy. And he offers a brutally honest appraisal of the deal that almost bankrupted him - the acquisition of multinational music recording and publishing company EMI in 2007, just as a global financial crash loomed on the horizon. Above all, he gives the reader a real sense of what it's like inside the secretive world of private equity, describing in frank detail the pressures and rewards involved. 
 
Insightful and page-turning, The Dealmaker will prove inspirational and essential reading for all those who want to understand how huge business negotiations are done, and what makes one of private equity's biggest players tick.

The Dealmaker

Lessons from a Life in Private Equity

Piers Brendon

Piers Brendon's magisterial overview of the 1930s is the story of the dark, dishonest decade - child of one world war and parent of the next - that determined the course of the twentieth century. 
 
Dealing individually with each of the period's great powers - the USA, Germany, Italy, France, Britain, Japan, Spain and Russia - Brendon takes us through the ten years dominated by the Great Depression and political turmoil. When Broadway, Piccadilly Circus, the Kurfurstendamm and the Ginza - neon metaphors of hope after four years of carnage - grew dim as the giants of unemployment, hardship, strife and fear took their hold. From the concentration camps of Dachau and Kolyma, the Ukraine famine and the American Dust Bowl, to the Moscow metro, the Empire State Building and the Paris Exposition, The Dark Valley brings the 1930's back to life through meticulous scholarship. 
 
Brendon examines the great leaders - Hitler, Stalin, Mussolini, Mao Tse-Tung, Haile Selassie and countless others - not with hindsight but in the context of their age; but also, through a vivid chronicling of contemporary experience, he gives us a sense of what it was to be living then.

The Dark Valley

David Enrich

Shortlisted for the Financial Times Business Book of the Year! 
 
 
‘Will snare you in its web of deceit ... A brilliant investigative exposé’ - Harlan Coben, bestselling thriller author 
 
‘Reads like a fast-paced John le Carré thriller, and never lets up’ - New York Times book review 
 
 
The Spider Network is the almost-unbelievable and darkly entertaining inside account of the Libor scandal – one of the biggest, farthest-reaching financial scams since the global financial crisis – written by the only journalist with access to Tom Hayes before he was sentenced to fourteen years in prison. Full of exclusive details, and with ramifications that stretch right across the British establishment, this is a gripping, real-life story of outlandish characters and reckless greed in the City of London. 
 
By turns a rollicking account of the scandal and also a provocative examination of a financial system that was crooked throughout, The Spider Network is a perfect read for fans of The Wolf of Wall Street and The Big Short.

The Spider Network

The Wild Story of a Maths Genius and One of the Greatest Scams in Financial History

The Wild Story of a Maths Genius, a Gang of Backstabbing Bankers, and One of the Greatest Scams in Financial History

Joseph E. Stiglitz

From the Nobel Prize-winning author of Globalization and Its Discontents comes a corruscating analysis of the boom and bust of the 1990s - how and why it happened, how the seeds of destruction were sown in the midst of apparent prosperity, and how America and the world are still failing to learn the lessons from what went wrong. 
 
The Roaring Nineties is in part the story of how the corrupt and greedy got their comeuppance. But Stiglitz also develops a convinving alternative to the free-market mantra. He shows why greed is not good and how if left unchecked it leads to deceptions, distortions and disasters. He argues that achieving the right balance between government and the market is the best way towards sustained growth and efficiency, and that both companies and economies must to some extent be regulated by trust and consideration for others. This isn't just good morality - it's good economics too.

The Roaring Nineties

Why We're Paying the Price for the Greediest Decade in History

Alan Greenspan

Adrian Wooldridge

Shortlisted for the FT &amp; McKinsey Business Book of the Year 2018 
 
'An inspiring, rip-roaring read - like the astonishing story it describes' Liam Halligan, Daily Telegraph 
 
Where does prosperity come from, and how does it spread through a society? What role does innovation play in creating prosperity and why do some eras see the fruits of innovation spread more democratically, and others, including our own, find the opposite? 
 
In Capitalism in America, Alan Greenspan, legendary Chair of the Federal Reserve, distils a lifetime of grappling with these questions into a profound assessment of the decisive drivers of the US economy over the course of its history. In partnership with Economist journalist and historian Adrian Wooldridge, he unfolds a tale of vast landscapes, titanic figures and triumphant breakthroughs as well as terrible moral failings. Every crucial American economic debate is here - from the role of slavery in the antebellum Southern economy to America's violent swings in its openness to global trade. 
 
At heart, the authors argue, America's genius has been its enthusiasm for the effects of creative destruction, the ceaseless churn of the old giving way to the new. Although messy and painful, it has lifted the overwhelming majority of Americans to standards of living unimaginable even a few generations past. At a time when productivity has again stalled, stirring populist furies, and the continuing of American pre-eminence seems uncertain, Capitalism in America explains why America has worked so successfully in the past and been such a gigantic engine of economic growth.

Capitalism in America

A History

Bob Burg

John David Mann

The Go-Giver tells the story of an ambitious young man named Joe who yearns for success. Joe is a true go-getter, though sometimes he feels as if the harder and faster he works, the further away his goals seem to be. 
 
One day, desparate to land a key sale at the end of a bad quarter, he seeks advice from the enigmatic Pindar, a legendary consultant referred to by many devotees sinply as the Chairman. Over the next week, Pindar introduces Joe to a series of successful 'go-givers' who teach him how to open himself up to the power of giving.

The Go-Giver

A Little Story About a Powerful Business Idea

John Gapper

Penguin Specials are designed to fill a gap. Written to be read over a long commute or a short journey, they are original and exclusively in digital form. This is John Gapper's foray into the world of rogue traders. 
 
Unlike most bankers, they are household names: Nick Leeson of Barings, Jerome Kerviel of Societe Generale, John Rusnak of Allied Irish Bank. And now the 31 year-old Kweku Adoboli, who allegedly ran up $2.3bn in losses at UBS. These are the men who have bought banks to their knees and global financial systems to a halt. Each time the banks declare themselves to be innocent victims of a fraud. 
 
But why do traders keep on committing apparently senseless crimes, with little benefit apart from higher bonuses and a risk of ending up in prison? And why do banks, which should have learned the tricks of the traders, keep being deceived? 
 
In this Penguin Special, the Financial Times' associate editor John Gapper unlocks the mystery by delving into the evolutionary risk-taking instincts of both humans and animals - from yellow-eyed junco sparrows in Arizona to honey-bees. He reveals how banks encourage their traders to evade risk limits, and shows how the rogue traders merely mimic the strategies used by their firms to seem more profitable than they really are. 
 
A rogue trader is often an outsider who starts in a lowly role and gambles with a bank's money in a bid to become a star. Gapper traces patterns of behaviour and personality that could be used to catch them before disaster strikes. But do the banks really want to? And are the rogue traders just the symptoms of a financial system gone rogue?

How to be a Rogue Trader

David Denby

In early 2000 the bottom dropped out of the life of writer David Denby when his wife decided to leave him. Propelled to make some money quickly, and seized by the 'irrational exuberance' of the stock market, then approaching its peak, Denby enthusiastically joined the investment frenzy. Over the next few months he listened raptly to bullish stock analysts, dreamy hi-tech gurus and boastful heads of companies. He plunged into a season of mania and was swept forward on currents of hope, greed and hucksterism - with cataclysmic results. 
 
 
 
American Sucker is a mesmerising account of those years of madness. What begins as a money chase and an engagement with rampant capitalism soon becomes an encounter with such timeless issues as love, envy, true value - and life and death itself. This is a classic tale of the bubble related not by a market guru or an investment professional but by a witty, perceptive and eloquent outsider.

American Sucker

Kevin Rodgers

‘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

Why Aren't They Shouting?

A Banker’s Tale of Change, Computers and Perpetual Crisis

Andrew Ross Sorkin

In 1929, the world watched in shock as the unstoppable Wall Street bull market went into a freefall, wiping out fortunes and igniting a depression that would reshape a generation. But behind the flashing ticker tapes and panicked traders, another drama unfolded—one of visionaries and fraudsters, titans and dreamers, euphoria and ruin. 
 
With unparalleled access to historical records and newly uncovered documents, New York Times bestselling author Andrew Ross Sorkin takes readers inside the chaos of the crash, behind the scenes of a raging battle between Wall Street and Washington and the larger-than-life characters whose ambition and naivety in an endless boom led to wreckage. The dizzying highs and brutal lows of this era eerily mirror today’s world—where markets soar, political tensions mount, and the fight over financial influence plays out once again. 
 
This is not just a story about money. 1929 is a tale of power, psychology, and the seductive illusion that “this time is different.” It’s about disregarded alarm bells, financiers who fell from grace, and skeptics who saw the crash coming—only to be dismissed until it was too late. 
 
Hailed as a landmark book, Too Big to Fail reimagined how financial crises are told. Now, with 1929, Sorkin delivers an immersive, electrifying account of the most pivotal market collapse of all time—with lessons that remain as urgent as ever. More than just a history, 1929 is a crucial blueprint for understanding the cycles of speculation, the forces that drive financial upheaval, and the warning signs we ignore at our peril.

1929

The Inside Story of The Greatest Crash in Wall Street History

Marc Levinson

A Washington Post and Strategy+Business Book of the Year. 
 
Stagnant wages. Feeble growth figures. An angry, disillusioned public. The early 1970s witnessed the arrival of the problems that define the twenty-first century. 
 
In An Extraordinary Time, Marc Levinson investigates how the oil crisis of the 1970s marked a radical turning point in global economics: and paved the way for the political and financial troubles of the present. Tracing the remarkable transformation of the global economy in the years after World War II, Levinson explores how decades of spectacular economic growth ended almost overnight – giving way to an era of uncertainty and political extremism that we are still grappling with. Above all, Levinson shows that we must understand the economic disaster of the 1970s if we want to overcome the problems we face today. By focusing on a pivotal but often overlooked moment in the twentieth century, An Extraordinary Time offers a crucial and timely reappraisal of our age. 
 
 
 
‘A smoothly written account of the US and the world economy during the 1970s.’ Wall Street Journal 
 
‘A valuable antidote to all passionately held economic ideologies.’ Times Literary Supplement 
 
‘Provocative . . . Levinson reminds us how mesmerising the post-war boom really was.’ Washington Post 
 
‘Lucid, well-paced, and entwined with vivid sketches of economists, central bankers, and politicians.’ Publishers Weekly

An Extraordinary Time

The End of the Postwar Boom and the Return of the Ordinary Economy

Scott Patterson

Dark Pools is the pacy, revealing, and profoundly chilling tale of how global markets have been hijacked by trading robots – many so self-directed that humans can’t predict what they’ll do next.It’s the story of the blisteringly intelligent computer programmers behind the rise of these ‘bots’. And it’s a timely warning that as artificial intelligence gradually takes over, we could be on the verge of global meltdown. 
 
‘Scott Patterson has the ability to see things you and I don’t notice.’ Nassim Nicholas Taleb, New York Times bestselling author of Antifragile, Fooled by Randomness and The Black Swan

Dark Pools

The rise of A.I. trading machines and the looming threat to Wall Street

Michael Lewis

'I asked him how much it would take for him to sell FTX and go do something other than make money. He thought the question over. &quot;One hundred and fifty billion dollars,&quot; he finally said-though he added that he had use for &quot;infinity dollars&quot;...' 
 
Sam Bankman-Fried wasn't just rich. Before he turned thirty he'd become the world's youngest billionaire, making a record fortune in the crypto frenzy. CEOs, celebrities and world leaders vied for his time. At one point he considered paying off the entire national debt of the Bahamas so he could take his business there. 
 
Then it all fell apart. 
 
Who was this Gatsby of the crypto world, a rumpled guy in cargo shorts, whose eyes twitched across TV interviews as he played video games on the side, who even his million-dollar investors still found a mystery? What gave him such an extraordinary ability to make money - and how did his empire collapse so spectacularly? 
 
Michael Lewis was there when it happened, having got to know Bankman-Fried during his epic rise. In Going Infinite he tells us a story like no other, taking us through the mind-bending trajectory of a character who never liked the rules and was allowed to live by his own. Both psychological portrait of a preternaturally gifted 'thinking machine', and wild financial roller-coaster ride, this is a twenty-first-century epic of high-frequency trading and even higher stakes, of crypto mania and insane amounts of money, of hubris and downfall. No one could tell it better.

Going Infinite

The Rise and Fall of a New Tycoon

biblio.categories.code

biblio.publicationStatus

biblio.brand

biblio.workEditions.format

biblio.ageRange

biblio.series.seriesName

biblio.imprint.description

biblio.type

About us

About Us (Header 4)

Best-Jane-Austen-quotes_Online-Desktop_Penguin

James-Baldwin

Marian-Keyes

haruki-murakami-320×320-1

Richard-Osman

Malorie Blackman

Lisa-Jewell

Charlie-Mackesy

Authors (Header 3)

Children&#039;s

Company

Discover

Fiction

Non-fiction

Penguin Classics

Penguin Shop (Header 5)

Useful links

Work with us

Search Results

Little Black Classics Box Set

Penguin Modern Box Set

Frankenstein

Features

Peter Rabbit: the design evolution of a blue-jacketed icon

Paint your own Peter Rabbit-inspired Easter egg

Crafts &amp; activities

Quiz | Which Beatrix Potter character are you?

Children's quizzes

Which Beatrix Potter character are you?

A photo from a new book from the Beatric Potter world. It shows a page from a young child's book that has a touch and feel patch on Peter Rabbit's stomach.

Children's reading lists

Where to start with Beatrix Potter and her characters

Make your own Peter Rabbit bunny ears

Bookish adventures | 15 fun family day trips

12 bookish days out for children in the UK

An image of three children's sticker books on a green background that features a shape in a darker green filled with a squiggle pattern

6 super fun sticker books for kids

75 Christmas books for kids

An illustration of a pile of books, with a red question mark on the top one.

Quizzes

Brilliant book quiz questions for the whole family this Christmas

A photo of five children, a mixture of boys and girls, all sitting on a bench in the park, holding up books that cover their faces

17 book-related summer activities for kids

A decorative banner featuring a portrait of Jacqueline Wilson and a collage of playful illustrations like a rubix cube, a heart shaped locket, and bunny ears

The Penguin books that inspired generations of young readers

An image of a selection of spooky children's books on a dark purple background with an orange shape which features a zig-zag pattern

32 spooky books to read this Halloween

Interviews

The Penguin Q&A: Nina Stibbe

An image of a selection of Puffin books surrounding pinka nd white typography on top of a green and spotty background

The best new Puffin books of 2023

A collage on a teal background of a woman walking with a backpack and a map, Beatrix Potter's house, sunflowers and Newstead Abbey

The UK's best literary days out for bookworms and readers

An image of four children's books set in Scotland or by Scottish authors. They sit side by side on a dark and light blue montage background 

16 of the best Scottish children’s books and authors

85 books to read before you're 12

A moving image in which a person writes in different situations. The picture changes from a bath to the steps of a shepherd's hut and a desk

The best places to write your novel according to authors: tried and tested

An illustration of pink animals against a lighter pink background and green 'A' and 'Z' letters

Reading lists

The ultimate A-Z of books for animal lovers

From Jane Austen's Chawton to Bram Stoker's Whitby, this is the definitive literary tour of Great Britain and Northern Ireland.

A literary tour of the United Kingdom

A picture of several different children's books on a pink to blue ombre background; each book has a bright yellow shadow

Showing results for: ‘peter rabbit beatrix potter’

Filters

Category

Publication Date

Format

Series

Imprint

Follow penguin

Follow ladybird

Follow puffin

Sign up to the Penguin newsletter