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The Secret Club That Runs the World: Inside the Fraternity of Commodity Traders by Kate Kelly

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Description

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.



This book finally takes us inside their inner circle. Following a trail from New York to London to Dubai, from hedge funds to banks to brokers, it reveals the fullest ever picture of the men who gamble with our future every day.


About the Author
Kate Kelly, author of the New York Times bestseller Street Fighters, covers Wall Street for CNBC. She spent ten years at the Wall Street Journal where she won a Livingston Award and two Gerald Loeb awards. She lives in Brooklyn with her family.

Reviews
Gripping ... even more shocking than you think ... Kelly is a master of storytelling * Independent on Sunday *
Engaging * Financial Times *
Outsiders know surprisingly little about this world, and Kate Kelly ... has done a good job of shedding light on some of the personalities who dominate it * The Economist *



Book Information
ISBN 9780670922673
Author Kate Kelly
Format Paperback
Page Count 304
Imprint Penguin Books Ltd
Publisher Penguin Books Ltd
Weight(grams) 224g
Dimensions(mm) 198mm * 129mm * 19mm

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