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The asylum: the renegades who hijacked the world's oil market

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Description

The Asylum is a stunning exposé by a seasoned Wall Street journalist that once and for all reveals the truth behind America's oil addiction in all its unscripted and dysfunctional glory.

In the tradition of Too Big to Fail and Liar's Poker, author Leah McGrath Goodman tells the amazing-but-true story of a band of struggling, hardscrabble traders who, after enduring decades of scorn from New York's stuffy financial establishment, overcame more than a century of failure, infighting, and brinksmanship to build the world's reigning oil empire--entirely by accident.

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ISBN:
9780061766275
9780062042323
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Grouping Information

Grouped Work ID 6b76c63d-c546-9831-c063-23b49b5a758f
Grouping Title asylum the renegades who hijacked the worlds oil market
Grouping Author goodman leah mcgrath
Grouping Category book
Last Grouping Update 2019-10-18 22:43:46PM
Last Indexed 2019-10-18 23:34:07PM

Solr Details

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author Goodman, Leah McGrath.
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Main Library
collection_catalog Non-Fiction
detailed_location_catalog Main Library - Adult Non-Fiction
display_description They were a band of outsiders unable to get jobs with New York's gilded financial establishment. They would go on to corner the world's oil market, reaping unimaginable riches while bringing the economy to its knees. Meet the New York Mercantile Exchange--a secretive, members-only club of men and women who live lavish lifestyles; cavort with politicians, strippers, and celebrities; and blissfully jacked up oil prices to nearly $150 a barrel while profiting off the misery of the working class. Many come from working-class families themselves--the progeny of immigrants who escaped war-torn Europe, they take pride in spurning Wall Street. Under an all-powerful oil cartel, the energy market had long eluded the grasp of America's hungry capitalists, but the rough-and-tumble traders of Nymex went after this Goliath and won, creating the world's first free oil market. Their stunning journey from poverty to prosperity belies the brutal and violent history that is their legacy.--From publisher description.
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primary_isbn 9780061766275
publishDate 2010
2011
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overdrive:01b6bb69-48e2-430c-95bb-e2b112bf3f13 eBook eBook English HarperCollins 2011
ils:CARL0000366787 Book Books 1st ed. English William Morrow, c2010. xvii, 398 p. : ill. ; 24 cm.
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subject_facet New York Mercantile Exchange (N.Y.) -- History
Petroleum industry and trade -- United States -- History
Petroleum products -- Prices
Stockbrokers -- United States
title_display The asylum : the renegades who hijacked the world's oil market
title_full The Asylum The Renegades Who Hijacked the World's Oil Market
The asylum : the renegades who hijacked the world's oil market / Leah McGrath Goodman
title_short The asylum :
title_sub the renegades who hijacked the world's oil market
topic_facet Business
History
Nonfiction
Petroleum industry and trade
Petroleum products
Prices
Stockbrokers