Barometer of Fear

'A fascinating insight into the culture of modern banking and the psychology of risk taking on the trading floor.'
John Plender, Financial Times columnist

'A searingly honest account of the activities of traders in the world's global markets, written in an accessible style by a brilliant, but touchingly human trader who found himself at the very vortex of the great financial crisis. Barometer of Fear offers deep insights in to the workings of the machinery that is the global financial system.'
Ann Pettifor, author of The Production of Money and Just Money: How Society Can Break the Despotic Power of Finance

'Stenfors uncovers how unregulated finance operates, or more precisely how traders think. He exposes a system out of control, incapable of self-restraint, nourishing rogue behaviour and ready to burst again at any time.'
Paul Dembinski, Observatoire de la Finance

'[Stenfors] has written a beautifully literate, Jonathan Swift-referencing book about the dark side of the City and in particular Libor, the London interbank offered rate that was once dubbed the "barometer of fear".'
The Times

'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.'
Guardian