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’Not just a readable, pacey account of an extraordinary individual and his quixotic quest … but also a troubling exposé of the fragility of our entire financial system … I loved it’
Oliver Bullough, author of Moneyland
For fans of Bad Blood and The Big Short, the story of how one reclusive trading prodigy manipulated Wall Street and amassed millions from his childhood bedroom – then short-circuited the global market.
A real-life financial thriller, Flash Crash gives panoramic insight into our economic landscape – its weaknesses, its crooks and its exploitable loopholes – and uncovers the remarkable, behind-the-scenes narrative of a mystifying market crash, a globe-spanning investigation into international fraud, and the man – Navinder Singh Sarao – at the centre of it all.
Depending on whom you ask, Sarao was a scourge, a symbol of a financial system run horribly amok, or a folk hero: an outsider who took on the tyranny of Wall Street and the high-frequency traders.
“An elegant and fast-paced narrative about one of the more obscure and mysterious financial anomalies. Through meticulous reporting and a gripping story, Vaughan has filled in many of the missing pieces. You won’t be able to put it down.”
—William D. Cohan, author of Four Friends and House of Cards
“A fascinating journey through the heart of the financial markets and the battle between man and machine in the search for trading profits.” —Bradley Hope, co-author of Billion Dollar Whale
“The definitive account of one of the most mysterious events in the recent history of financial markets…Flash Crash tells the irresistible personal tale of the unlikely character—finance whiz, social misfit, brazen cheater, folk hero, fraud victim—who finds himself at the center of a vast global scandal.”
—David Enrich, author of Dark Towers and The Spider Network
“Flash Crash tells the dramatic tale of how a solitary trader managed to help bring global markets to their knees, but it also sheds much-needed light on the forces—and unlikely characters—that move today’s makets...eye-opening.” —Gregory Zuckerman, author of The Man Who Solved the Market
“A lively, engrossing tale that reveals just how corrupt, absurd, and vulnerable our financial system really is.” —Sheelah Kolhatkar, author of Black Edge