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.
To get the free app, enter your mobile phone number.
Other Sellers on Amazon
+ $4.99 shipping
The Secret Club That Runs the World: Inside the Fraternity of Commodity Traders Hardcover – June 3, 2014
|New from||Used from|
The Amazon Book Review
Author interviews, book reviews, editors picks, and more. Read it now
Frequently bought together
Customers who bought this item also bought
Hedging the risk of investing in commodities used to be the fairly dull province of a few brokers and traders on one side of a transaction and farmers and end users of crude oil, copper, and pork bellies on the other. But the great commodities boom of the early 2000s attracted flamboyant risk-takers, whose transactions ultimately produced wild swings in prices on gasoline, food, and other essentials and prompted regulators to try to crack down. CNBC market reporter Kelly (Street Fighters, 2009) unveils the secretive world of unregulated hedge funds, of banks and brokers who trade for their own accounts often against the interests of their customers. With exclusive access to the major players in the commodities market, Kelly offers fascinating portraits of huge egos and details of byzantine deals, including a massive merger aided by former UK prime minister Tony Blair. Among her subjects are a fuel trader whose trades saved a sagging Delta Air Lines and a trader at a Swiss commodities firm founded by American fugitive Marc Rich. This is an absorbing inside look at the shady world of multinational brokers. --Vanessa Bush
Praise for Kate Kelly’s New York Times Bestseller Street Fighters:
“It overstates nothing to call Kelly’s book brilliantly reported, and her narrative is grippingly propulsive and peopled with fascinatingly drawn characters.”
—Los Angeles Times
“The twists and turns of those frantic few days make for lively reading.”
—The New York Times
“Kelly takes us inside Bear’s last, dizzying days. . . .The real draw is the book’s surgical detail.”
“There’s so much to like in this book—lively anecdotes, crisp pacing, and brevity . . . a highly accessible narrative for the general reader.”
Top customer reviews
I would not recommend this book to anyone because it paints a false picture.
Having just been reading Yergin's "The Prize" before taking up this book, and after seriously enjoyed the Markets Wizard series for some time now, I guess I Was expecting something more like "the Partnership" or "the Last Tycoons" but concerning Vitol, Trafigura, Mercuria, et al. Glencore is discussed by the coverage and development oft he storyline seems lacking.