We are currently making improvements to the Audible site. In an effort to enhance the accessibility experience for our customers, we have created a page to more easily navigate the new experience, available at the web address www.audible.com/access.
The Secret Club That Runs the World: Inside the Fraternity of Commodities Traders | [Kate Kelly]

The Secret Club That Runs the World: Inside the Fraternity of Commodities Traders

When most people think of the drama of global finance, they think of stocks and bonds, venture capital, high-tech IPOs, and complex mortgage backed securities. But commodities? What could be more boring? That’s exactly what the elite commodity traders want you to think. They don’t seek the media spotlight. Their astonishing wealth was created in near-total obscurity, because they dwelled either in closely held private companies or deep within large banks and corporations, where commodity profits and losses weren’t broken out.
Regular Price:$20.99
  • Membership Details:
    • First book free with 30-day trial
    • $14.95/month thereafter for your choice of 1 new book each month
    • Cancel easily anytime
    • Exchange books you don't like
    • All selected books are yours to keep, even if you cancel
  • - or -

Your Likes make Audible better!

'Likes' are shared on Facebook and Audible.com. We use your 'likes' to improve Audible.com for all our listeners.

You can turn off Audible.com sharing from your Account Details page.

OK

Publisher's Summary

When most people think of the drama of global finance, they think of stocks and bonds, venture capital, high-tech IPOs, and complex mortgage backed securities. But commodities? Crude oil and soybeans? Copper and wheat? What could be more boring?

That’s exactly what the elite commodity traders want you to think. They don’t seek the media spotlight. They don’t want to be as famous as Warren Buffett or Bill Gross. Their astonishing wealth was created in near-total obscurity, because they dwelled either in closely held private companies or deep within large banks and corporations, where commodity profits and losses weren’t broken out.

But if the individual participants in the great commodities boom of the 2000s went unnoticed, their impact did not. Over several years the size of the market exploded, and so did prices for raw materials - raising serious questions about whether the big traders were intentionally jacking up the cost of gasoline, food, and other essentials bought by ordinary people around the world. What was really driving all those price spikes?

Now Kate Kelly, the bestselling author of Street Fighters, takes us inside this secretive inner circle that controls so many things we all depend on. She gets closer than any previous reporter to understanding these whip-smart, aggressive, and often egomaniacal men (yes, they are nearly all men). They work hard, play hard, flaunt their wealth, and bet millions every day on a blend of facts, analysis, and pure gut instinct.

Drawing on her exclusive access to the secret club, and following the trail from New York to Houston, London, Dubai, and beyond, Kelly reveals the immense power in the hands of a few, and the so-far contentious efforts by the Obama administration to rein in the cowboys.

©2014 Katherine Kelly (P)2014 Brilliance Audio, all rights reserved. Recorded by arrangement with Portfolio, a member of Penguin Group (USA) LLC, a Penguin Random House Company.

What Members Say

Average Customer Rating

3.3 (25 )
5 star
 (9)
4 star
 (1)
3 star
 (6)
2 star
 (7)
1 star
 (2)
Overall
3.2 (18 )
5 star
 (5)
4 star
 (3)
3 star
 (4)
2 star
 (2)
1 star
 (4)
Story
3.6 (18 )
5 star
 (7)
4 star
 (4)
3 star
 (2)
2 star
 (2)
1 star
 (3)
Performance
Sort by:
  •  
    Yuriy 06-22-15
    Yuriy 06-22-15 Member Since 2014
    ratings
    REVIEWS
    4
    1
    Overall
    Performance
    Story
    "Narrator makes this a tough one"

    The narrator was terrible. I thought I was listening to the computerized text read program from the internet videos.

    Book is pretty interesting though, just wish someone who was capable of portraying some sort of emotion was narrating.

    0 of 0 people found this review helpful
  •  
    PA Drillbit 03-05-15
    PA Drillbit 03-05-15
    ratings
    REVIEWS
    1
    1
    Overall
    "Good"

    Remarkable how some were making money during what felt like an utter collapse of the U.S. banking industry in 2008.

    0 of 0 people found this review helpful

Report Inappropriate Content

If you find this review inappropriate and think it should be removed from our site, let us know. This report will be reviewed by Audible and we will take appropriate action.

Cancel

Thank you.

Your report has been received. It will be reviewed by Audible and we will take appropriate action.