The Merc : the emergence of a global financial powerhouse /
"In 1987 a turf war erupted between conservative Wall Street interests and Chicago's freewheeling futures exchanges. The Justice Department accused the Merc's traders of winking at widespread fraud, and the FBI infiltrated the Merc and the CBOT. But three years later, President Bush v...
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| Format: | Book |
| Language: | English |
| Published: |
New York :
HarperBusiness,
©1993.
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| Edition: | 1st ed. |
| Subjects: |
| Summary: | "In 1987 a turf war erupted between conservative Wall Street interests and Chicago's freewheeling futures exchanges. The Justice Department accused the Merc's traders of winking at widespread fraud, and the FBI infiltrated the Merc and the CBOT. But three years later, President Bush visited the exchanges and praised Chicago-style capitalism as the nation's best hope for the future and told the Merc's leaders that they should be "proud of this world leadership."" "Often shaken by war, depression, financial crisis, and even a 1958 congressional ban on trading in onions (then the Merc's number one commodity), the Merc has learned the art of survival and innovation and is a great American success story."--BOOK JACKET. |
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| Physical Description: | xiii, 465 pages : illustrations ; 25 cm |
| Bibliography: | Includes bibliographical references (pages 435-451) and index. |
| ISBN: | 0887305164 9780887305160 |