Kindle Price: $3.99

Save $12.00 (75%)

These promotions will be applied to this item:

Some promotions may be combined; others are not eligible to be combined with other offers. For details, please see the Terms & Conditions associated with these promotions.

Deliver to your Kindle or other device

Deliver to your Kindle or other device

The Asylum: The Renegades Who Hijacked the World's Oil Market by [Goodman, Leah McGrath]
Audible Sample
Playing...
Loading...
Paused
Kindle App Ad

The Asylum: The Renegades Who Hijacked the World's Oil Market Kindle Edition

3.8 out of 5 stars 44 customer reviews

See all 6 formats and editions Hide other formats and editions
Price
New from Used from
Kindle
$3.99

Length: 421 pages Word Wise: Enabled Enhanced Typesetting: Enabled
Page Flip: Enabled Audible book:
Audible book
Switch back and forth between reading the Kindle book and listening to the Audible book with Whispersync for Voice. Add the Audible book for a reduced price of $12.99 when you buy the Kindle book.
Available

Save on all things Kindle
click to open popover

Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.

  • Apple
  • Android
  • Windows Phone
  • Android

To get the free app, enter your mobile phone number.


Editorial Reviews

From Publishers Weekly

What should be a quasi-public utility—the market exchange where oil and gas are traded—is actually a madhouse of vice, vendettas, and corrupt crypto-capitalism, according to this breathless account of the New York Mercantile Exchange. Finance journalist Goodman traces NYMEX's transformation since the 1960s from an obscure market specializing in potato futures to a colossus with a stranglehold on the sale of the world's energy. Goodman explores the lurid culture of NYMEX traders, scruffy hustlers who shriek and swear and pummel each other over deals, and bring guns, drugs, and hookers right into the trading pit. It's an entertaining scene, but Goodman's account is hobbled by the strictures of the business epic, which require her to devote inordinate space to NYMEX's boardroom politics and the posturing of its chairmen. This is one of the year's most colorful business histories, but the larger importance of NYMEX remains elusive; the author paints it sometimes as a force for price transparency and stability, sometimes as a dangerously ill-regulated cesspool of speculative scams and occult market manipulations that are more insinuated than demonstrated. Photos. (Mar.)
(c) Copyright PWxyz, LLC. All rights reserved.

From Booklist

The New York Mercantile Exchange, or Nymex, began as a butter, cheese, and egg exchange in 1872. The world�s largest physical commodities futures exchange, it took a hit in the infamous �potato scandal� in the 1970s but rebounded after the introduction of crude oil futures in the early 1980s. Goodman reveals that the traders at Nymex are a rough-and-tumble group with little formal education, who dress down, answer to no one, and are tougher than marines. Activities at the exchange are rife with cheating and overindulgence in drugs, prostitutes, and illegal gambling as well as a slew of investigations by the FBI and the Commodities Futures Trading Commission, which took down and banned for life several Nymex board chairmen. The most shocking revelation is how the price of oil is controlled not by OPEC, which hardly qualifies as a cartel these days, but by a few hundred speculators in Manhattan and U.S. banks like Goldman Sachs, which are exempted from regulation by means of several loopholes. Biting and infuriating, with even a �Deep Throat� in the scoop. --David Siegfried

Product details

  • File Size: 2383 KB
  • Print Length: 421 pages
  • Publisher: HarperCollins e-books; Reprint edition (February 15, 2011)
  • Publication Date: February 15, 2011
  • Sold by: HarperCollins Publishers
  • Language: English
  • ASIN: B004GB1XC8
  • Text-to-Speech: Enabled
  • X-Ray:
  • Word Wise: Enabled
  • Lending: Not Enabled
  • Screen Reader: Supported
  • Enhanced Typesetting: Enabled
  • Amazon Best Sellers Rank: #180,811 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
  • Would you like to tell us about a lower price?


Customer reviews

Rated by customers interested in
Business & Economics Books
3.3 out of 5 stars
3.3 out of 5 stars
Economics
3.3 out of 5 stars
3.3 out of 5 stars
Medical Books
3.3 out of 5 stars
3.3 out of 5 stars

Top customer reviews

April 10, 2016
Format: Paperback|Verified Purchase
0Comment| One person found this helpful. Was this review helpful to you? Report abuse
April 24, 2012
Format: Hardcover|Verified Purchase
0Comment| One person found this helpful. Was this review helpful to you? Report abuse
May 23, 2012
Format: Hardcover|Verified Purchase
0Comment| 2 people found this helpful. Was this review helpful to you? Report abuse
December 15, 2011
Format: Hardcover|Verified Purchase
0Comment| One person found this helpful. Was this review helpful to you? Report abuse
March 31, 2011
Format: Hardcover|Verified Purchase
0Comment| 5 people found this helpful. Was this review helpful to you? Report abuse
January 3, 2016
Format: Hardcover|Verified Purchase
0Comment| One person found this helpful. Was this review helpful to you? Report abuse
May 26, 2013
Format: Hardcover|Verified Purchase
0Comment| One person found this helpful. Was this review helpful to you? Report abuse
February 11, 2017
Format: Paperback|Verified Purchase
0Comment|Was this review helpful to you? Report abuse

Most recent customer reviews

Set up an Amazon Giveaway

The Asylum: The Renegades Who Hijacked the World's Oil Market
Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers. Learn more about Amazon Giveaway
This item: The Asylum: The Renegades Who Hijacked the World's Oil Market