Wheels of Fortune: The History of Speculation from Scandal to Respectability

Wheels of Fortune: The History of Speculation from Scandal to Respectability
ISBN-10
047147973X
ISBN-13
9780471479734
Category
Business & Economics
Pages
404
Language
English
Published
2003-12-22
Publisher
John Wiley & Sons
Author
Charles R. Geisst

Description

An intriguing history of the futures market and speculation From Jay Gould's attempt to corner the gold market in the 1860s to the Hunt brothers' scandalous efforts to control the silver market in the 1980s, Wheels of Fortune traces the rich, colorful history of the futures market on its quest for respectability and profit. This comprehensive account shows readers why the markets have been grabbing headlines for over 100 years as both respectable economic institutions and hotbeds of gambling activity and scandal. Charles Geisst brings the personalities and strategies behind the futures market and speculation in general to life, against a backdrop of American life that begins prior to the Civil War.

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