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The secret club that runs the world : inside the fraternity of commodity traders

Author: Kate Kelly
Publisher: New York, New York : Portfolio/Penguin, 2014.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
"Nestled deep in the towers of banking and finance are the commodities traders who spend their days gambling with oil, gold, and corn contracts. They're highly-educated world travelers with a penchant for risk, and they're here to bet big on the future of the raw materials that make our economies hum. They're very wealthy, barely regulated, and can be a force for tremendous good--or ill. Now Kate Kelly, the  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Kelly, Kate, 1975-
Secret club that runs the world
(DLC) 2014011517
(OCoLC)875771309
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Kate Kelly
ISBN: 9780698151673 0698151674
OCLC Number: 880931876
Description: 1 online resource (xvii, 264 pages)
Responsibility: Kate Kelly.

Abstract:

"Nestled deep in the towers of banking and finance are the commodities traders who spend their days gambling with oil, gold, and corn contracts. They're highly-educated world travelers with a penchant for risk, and they're here to bet big on the future of the raw materials that make our economies hum. They're very wealthy, barely regulated, and can be a force for tremendous good--or ill. Now Kate Kelly, the bestselling author of Street Fighters, shines light not just on the commodities market, but also on some of its key figures. Her characters include Pierre Andurand, a hedge-fund manager who generated the winningest annual performance ever for an oil trader in 2008, and Ivan Glasenberg, whose secretive Swiss commodities giant, Glencore, has been thrown into the spotlight. Kelly paints a dramatic narrative of immense power in the hands of a few, and the so-far hapless efforts by the Obama Administration to rein in the cowboys"--

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