Just started reading "The Asylum: The renegades who hijacked the world's oil market" by Leah McGrath Goodman (writer for Wall Street Journal, Forbes, Baron's, & Financial Times). "Contrary to popular opinion, oil prices were not being controlled by Arabs or leftist dictators. They were being controlled by . . . bootstrapping traders . . . Individuals who, like the anonymous Wall Street professionals about to unleash a crippling financial crisis on the world, took the subway and ferry to work, earned unheard-of riches, gave to charity, and thought nothing of bringing the global economy to its knees." (p. 8) Remember the classic Christmas movie "It's a Wonderful Life" and the line "Every time you hear a bell ring an angel gets its wings"? Every time you you fill up your car remember that you helped make another oil futures speculator a billionaire. Goodman also wrote: "Yet nobody seemed to know who, exactly, these New York ...
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