×

Uh-oh, it looks like your Internet Explorer is out of date.

For a better shopping experience, please upgrade now.

Wheels of Fortune: The History of Speculation from Scandal to Respectability / Edition 1
     

Wheels of Fortune: The History of Speculation from Scandal to Respectability / Edition 1

by Charles R. Geisst
 

See All Formats & Editions

ISBN-10: 047147973X

ISBN-13: 9780471479734

Pub. Date: 12/22/2003

Publisher: Wiley

Wheels of Fortune is an engaging and original story that traces the rich, colorful, and often scandalous history of speculation in the U.S. financial markets. Set against a backdrop that begins prior to the Civil War and continues through the twentieth century, renowned business historian and bestselling author Charles Geisst takes you on an incredible journey that

Overview

Wheels of Fortune is an engaging and original story that traces the rich, colorful, and often scandalous history of speculation in the U.S. financial markets. Set against a backdrop that begins prior to the Civil War and continues through the twentieth century, renowned business historian and bestselling author Charles Geisst takes you on an incredible journey that brings the personalities and strategies behind the futures markets, and speculation in general, to life.

Discover how legendary traders such as Benjamin Hutchinson cornered the wheat market in the nineteenth century, and learn how other bold traders as well as lax regulations paved the way for twentieth-century debacles that continue to tarnish the reputation of the CBOT, the CME, and other related institutions and markets.

The history of the futures market, derivatives, and speculation is full of misunderstandings and false assumptions. Wheels of Fortune seeks to clarify these misconceptions by chronicling the events and individuals that brought scandal and skepticism into the markets, and exploring the laws and governing bodies that were established to rein them in–but lacked the power to do so.

Product Details

ISBN-13:
9780471479734
Publisher:
Wiley
Publication date:
12/22/2003
Pages:
368
Product dimensions:
6.00(w) x 9.00(h) x 0.86(d)

Table of Contents

Acknowledgmentsvi
Introductionvii
Chapter 1A Tale of the Pits1
Chapter 2Futures and "Wild Jackasses"49
Chapter 3The Great Bear Hunt99
Chapter 4Expanding the Menu143
Chapter 5Metals and Money187
Chapter 6Chicago Follies243
Chapter 7Rogues' Gallery297
Postscript353
Bibliography355
Index361

Customer Reviews

Average Review:

Post to your social network

     

Most Helpful Customer Reviews

See all customer reviews