The Asylum

The Asylum

The Renegades Who Hijacked the World's Oil Market

Book - 2011
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The Asylum is a stunning expos#65533; 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.

Publisher: New York : William Morrow, c2011.
Edition: 1st ed.
ISBN: 9780061766275
Branch Call Number: 332. 60922 GOO
Characteristics: xvii, 398 p., [8] of plates : ill., ports.

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NewYorkViews Dec 30, 2012

This was a fast paced read about the history and stability of the futures markets that includes agricultural and metals among others, not just oil. The culture of the futures trading pits reads like a speedway of yuppy variety dedicated to creating their own futures markets' extreme culture that suits their tastes and is mysterious and portrayed as also full of offbeat and sometimes empty numbers, existencelessness. As this book may try to make the Wall Street areas look "dirty," it can look cleaner than other areas of NYC as it has its own private sanitation...

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