Kelly Kate: Secret Club That Runs the Worl

Popis produktu

The Secret Club That Runs the World: Inside the Fraternity of Commodity Traders - Kate Kelly. Kate Kelly, acclaimed journalist and author of Street Fighters, investigates the world of commodities traders. When most of us think of the drama of global finance, we think of stocks and bonds. But commodities? Crude oil and soya beans? Copper and wheat? What could be more boring? That's exactly what the elite commodity traders want us to think. They don't seek the spotlight. They don't want to be as famous as Warren Buffett. Their astonishing wealth was created in obscurity, because they dwell in private companies or deep within large banks and corporations. But if the individuals in the commodities boom have gone unnoticed, their impact has not. Prices of raw materials have exploded. Are the big traders jacking up the cost of petrol, food, and essentials bought by people around the world? How did such immense power end up in the hands of a few? In this riveting book, Kate Kelly takes us inside the inner circle that affects so many things we all depend on. Following a trail from New York to London to Dubai, from hedgefunds and banks to brokers and regulators, she reveals the fullest ever picture of the men who gamble with our future every day. The Secret Club That Runs the World: Inside the Fraternity of Commodity Traders - Kate Kelly od nakladatelství Penguin Books (UK) v kategorii English literature za skvělé ceny na e-shopu Knihydobrovsky.cz 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 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.