What’s the rarest commodity on the stockmarket? Honesty. A former broker exposes the corruption, greed and insider dealing endemic in the City
It was a typical day of coke hangovers and questionable ethics. Half past 10 in the morning and I was slumped at my desk, grey Hermès tie hanging despondently from my neck like a hangman’s noose. I was struggling to breathe. Steve on the other side of the room overruled my pleas for the air conditioning to be switched on - another reason to hate him and his crew on the old-boy side of the desk.
Revealed: the dirty tricks of rogue traders
A hedge fund based in London set up a "dirty-tricks unit" to manipulate share prices and get illicit information on companies in an attempt to make millions on the stock market, an insider has revealed.
As the official hunt began for the rogue traders who tried to bring down Britain’s biggest mortgage lender, HBOS, The Daily Telegraph can reveal a whistle-blower’s account of how a multi-billion pound fund allegedly used illegal tactics to drive down stock prices.
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