FOREWORD BY NOURIEL ROUBINI
SuperHubs is a rare, behind-the-scenes look at the global financial system and the powerful personal networks through which it is run, at the centre of which sit the Elites - the SuperHubs.
Combining an insider's knowledge with principles of network science, Sandra Navidi offers a startling new perspective on how the financial system really operates.
SuperHubs reveals what happens at the exclusive, invitation-only platforms - The World Economic Forum in Davos, the meetings of the International Monetary Fund, think-tank gatherings, power lunches, charity events, and private parties. This is the most vivid portrait to date of the global elite: the bank CEOs, fund managers, billionaire financiers and politicians who, through their interlocking relationships and collective influence are transforming the future of our financial system and, for better or worse, shaping our world.
, Ms. Navidi skillfully applies network science to the global financial system and the human networks that underpin it. SuperHubs
is a topical and relevant book that should be read by anyone seeking a fresh perspective on the human endeavor that is our financial system.Exceedingly illuminating professional and personal insights into the global financial system. Highly recommendable reading.SuperHubs
-what a clever concept! Sandra Navidi impresses with a masterful piece of both reporting and analysis.Sandra Navidi provides an entertaining and absorbing portrayal of the networks used by many of the top executives in finance. She draws many useful conclusions and provides terrific portraits of some of the major players in finance today.An intimate glimpse into the obscure world of high finance ... [that] should be voraciously consumed by anyone in business.How are we governed? By whom and how? These are the classical questions which globalization and financial markets have given a new urgency. This book provides a front row seat in the theater of fundamental change.SuperHubs
is an analytical, engaging and insightful guide. It is a must read for all who are striving for growth and excellence!Sandra Navidi's book $uperHubs is beautifully and effectively done. Not only is it a fascinating description of the power wielded by elite networks over the financial sector, it is also a meditation on the consequences of this system for the economy and the society. In recent times, we have seen extraordinary ruptures - notably Britain's vote to break away from the European Union and the intensified sense of exclusion felt by much of America's working class. The last chapter of $uperHubs proposes that this ruling system's "monoculture," its isolation from the rest of society, and its seeming unawareness of the fragility of what it has built are largely responsible for these ruptures, and that the system may lead to a major crisis in the future.SuperHubs
offers new insight into those with the power to change the world.Navidi shows how networks ... are crucial. Her writing blends personal anecdote and wry observation with a sound grasp of the science of complex self-organizing systems, making SuperHubs
a uniquely intelligent and engaging insight into financial power.A colorful picture of our financial world and the tremendously powerful titans who are in charge of it. A fun and very useful book!SuperHubs
offers a balanced analysis of the system's driving forces and raises controversial issues regarding the far-reaching impact of a few all-powerful individuals, addressing the fundamental aspects of the complex human dynamics ruling finance and the world. A spirited and riveting book that makes for an intriguing read.This book is unique in describing and analyzing the human behavior in the upper circles of the global financial system. I agree with the author that unethical behavior has aggravated the increasing wealth gap and social stratification, and thus has fundamentally shaken society's trust in our financial system. The need for political action to save banks in the crisis of 2008, made clear that the financial system is a not just a private sector but also a common good. It is this orientation on the common good and the wellbeing of ordinary people that has to be included in capitalism at large and the financial sector in particular. This book will empower readers to advocate for change.An expert tour guide, Ms. Navidi helps us understand the mechanisms that drive our global financial system by ultimately telling a human story of how a select few wield incredible financial and political power. SuperHubs
is a substantive book with just the right balance of research and stories to make it an entertaining and satisfying read.SuperHubs
is dedicated to a vitally important topic: the state of our financial system and its implications for society. If you want to understand how our world works this book is for you.
Navidi will be remembered as the woman who revealed how the 1% maintain their plutocracy.Readers will recognize how the relations of those who pull the levers of global power are the bonds of influence that shape the world.SuperHubs
deftly takes the reader through the global and societal consequences of those people's relationships, power and money.SuperHubs
is indispensable for readers who want to understand the financial world's dynamics. Her fascinating insider's perspective reveals complex linkages among the financial elite and the resulting far-reaching consequences. SuperHubs
is a blockbuster!We will see how financial oligarchs have instrumentalized most governments to realize their interests. We are very far away from reform. SuperHubs
demonstrates, how far off.SuperHubs
vividly describes how homogeneous alpha males maximize their opportunities. Readers will wish that this type of financial elite will disappear, or at the very least, include more women.An absorbing portrayal of the financial elite's self-perpetuating power structures. SuperHubs
is a definite "buy"!Navidi has thoughtfully determined that a few powerful people rule the world with their extensive networks. May SuperHubs
inspire them to make it a more humane and peaceful place.Navidi describes vividly and without taboos how the financial elite have created their own cosmos and why it is about time to scrutinize the rules upon which this system is based.An intimate glimpse into the world of the financial elite and their unique network of personal relationshipsMs. Navidi is the Founder and CEO of BeyondGlobal, a consulting firm, where she renders macroeconomic and strategic positioning advice. Previously, Ms. Navidi worked closely with economist Nouriel Roubini as Director of Research Strategies and Senior Relationship Manager at Roubini Global Economics. Prior to that she had positions as investment banker at Scarsdale Equities, general counsel at Muzinich & Co. and consultant at Deloitte. Ms. Navidi holds a law degree from the University of Cologne School of Law, Germany, and a Master-of-Law Degree in Banking Corporate and Finance law from Fordham University School of Law, USA. She is admitted to practice law in the Federal Republic of Germany as well as in the State of New York. As an expert commentator on financial markets, Ms. Navidi has given over 600 interviews on international media outlets and has keynoted at dozens of large industry events.
In a rare, behind-the-scenes look at how the world's most powerful titans pull the levers of our global financial system, Sandra Navidi offers a startling new perspective on how these 'superhubs' build their powerful networks and how their decisions impact all our lives.
Learn what happens at the exclusive, invitation-only platforms - The World Economic Forum in Davos, the meetings of the International Monetary Fund, think-tank gatherings, and galas. This is the most vivid portrait to date of the global elite: the bank CEOs, fund managers, billionaire financiers, and politicians who, through their interlocking relationships and collective influence transform our increasingly fragile financial system, economy and society, resulting in a worldwide backlash.
'In $uperHubs, Ms. Navidi skillfully applies network science to the global financial system and the human networks that underpin it. $uperHubs is a topical and relevant book that should be read by anyone seeking a fresh perspective on the human endeavor that is our financial system.' PROFESSOR LAWRENCE H. SUMMERS, Harvard; former US Secretary of the Treasury
'Sandra Navidi's book $uperHubs is not only a fascinating description of the power wielded by elite networks over the financial sector. It is also a meditation on the consequences of this system for the economy and the society. ... $uperHubs suggests that this ruling system's 'monoculture', its isolation from the rest of society, and its seeming unawareness of the fragility of what it has built are largely responsible for these ruptures.' PROFESSOR EDMUND S. PHELPS, Columbia University, 2006 Nobel Prize in Economics
'$uperHubs is a book written with great style, but it also contains a lot of important substance. Navidi sees the global economy as a complex, adaptive system, and situates the financial system at the very core of this economy where a concentrated number of real human beings - the 'superhubs' - exercise an unrecognized degree of economic and political power, threatening the future stability of the economy and even our democratic political systems. By identifying these systemic problems, Navidi brings us one step closer to appropriate solutions. A 'must read', and a pleasure to do so.' WILLIAM R. WHITE, Chairman of the Economic and Development Review Committee (EDRC) at the OECD
'Exceedingly illuminating professional and personal insights into the global financial system. Highly recommendable reading.' PROFESSOR JÃœRGEN STARK, former member of the Executive Board of the European Central Bank
'Sandra Navidi impresses with a masterful piece of both reporting and analysis.' PROFESSOR KLAUS SCHWAB, Founder and Chairman of the World Economic Forum
'How are we governed? By whom and how? These are the classic questions to which globalization and the financial markets have given a new urgency. $uperhubs provides a front row seat in the theater of fundamental change.' OLAFUR RAGNAR GRIMSSON, President of Iceland 1996-2016
An insider takes you behind the scenes of exclusive invitation-only financial eventsAuthor has high level access to an international network of global industry leaders and regularly works with 'financial celebrities'A unique concept, applying the principles of Network Science to the power relationships of the financial titansGerman language edition was instant bestsellerWill include the Panama Papers and Brexit