Overview
The Asylum is a stunning exposé 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.
Full Product Details
Author: Leah Goodman
Publisher: HarperCollins Publishers Inc
Imprint: William Morrow
Dimensions:
Width: 23.40cm
, Height: 3.40cm
, Length: 16.20cm
Weight: 0.596kg
ISBN: 9780061766275
ISBN 10: 0061766275
Pages: 416
Publication Date: 15 February 2011
Audience:
General/trade
,
General
Format: Hardback
Publisher's Status: Active
Availability: To order
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.
Reviews
'A riveting tale of greed gone mad. Goodman nails the culture... A great ride for market fans.' --BusinessWeek 'Finance journalist Goodman traces Nymex's transformation into a colossus with a stranglehold on the sale of the world's energy. Goodman explores the lurid culture of Nymex traders, scruffy hustlers who shriek, swear and bring guns, drugs, and hookers right into the trading pit. One of the year's most colorful business histories.' --Publishers Weekly 'Welcome to a bet-on-anything, testosterone-drenched world...written with tremendous verve and insight.' --AR (Absolute Return + Alpha) 'Goodman wrote about Nymex for the Wall Street Journal before expanding her knowledge into a book...The inside look at a mostly closed institution is enlightening...Goodman's details about the infighting within Nymex membership are astounding, mainly because the members don t seem to realize they are destroying their path to wealth.' --Kirkus 'Goodman reveals a rough-and-tumble group with little formal education, who dress down, answer to no one, and are tougher than marines. Activities at the exchange are rife with cheating and overindulgence in drugs, prostitutes, and illegal gambling. Biting and infuriating, with even a 'Deep Throat' in the scoop.' --Booklist 'A seriously informative and amusing look into the oil trading pits.' --Huffington Post
Goodman reveals a rough-and-tumble group with little formal education, who dress down, answer to no one, and are tougher than marines. Activities at the exchange are rife with cheating and overindulgence in drugs, prostitutes, and illegal gambling...Biting and infuriating, with even a 'Deep Throat' in the scoop. --Booklist
A riveting tale of greed gone mad. Goodman nails the culture... A great ride for market fans... --BusinessWeek
Author Information
Leah McGrath Goodman is an award-winning freelance journalist who worked for a decade in New York as an editor and special writer for Dow Jones & Co., breaking hundreds of news stories on the New York Mercantile Exchange for The Wall Street Journal, Dow Jones Newswires and Barron’s. Specializing in surreal niches of business, trading and global finance often overlooked by the mainstream press, she now writes for Forbes, Condé Nast Portfolio, The Wall Street Journal, The Financial Times, The Guardian and Profile and is editor-at-large for Trader Monthly and Dealmaker magazines. Maintaining offices in New York and London, she also occasionally appears on television networks CNN, MSNBC, Fox News and CNBC.
