Why 'City Boy' Anderson didn't tell all

Geraint Anderson, the former investment banking analyst who spilled the beans on the drugs-and-lap-dancing lifestyle of the Square Mile in his new book City Boy, has got in touch following my colleague Chris Blackhurst's review of his book in this paper. Blackhurst, the Evening Standard's City editor, said the book suffered from being only "80% truth" — because Anderson admitted he had chosen to fudge some of the facts.

Over to Anderson: "The main gripe you seem to have is that I didn't just give an absolutely precise rendition of my personal experience in the City as Michael Lewis did in Liar's

Poker 20 years ago. I would have thought that the reason for this is fairly obvious…to have done so would have meant that I would have broken the City's code of silence.

"If I had named names and banks as I would have liked to have done, I would have had my arse sued such that I'd be begging on the streets within a year! Just rest assured that the book you read is as close as I can get to revealing the truth without me ending up in gaol (and believe me the publisher's lawyers have been extremely active!)." Anderson's book is selling well — it's in fourth place on the hardback non-fiction bestseller chart.

- City Spy, Evening Standard