The Secret Club That Runs the World

Inside the Fraternity of Commodity Traders

Kate Kelly

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Paperback

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English

Penguin Books Ltd
29 July 2015

Commodities; Business strategy

This book finally takes us inside their inner circle. Following a trail from New York to London to Dubai, from hedge funds to banks to brokers, it reveals the fullest ever picture of the men who gamble with our future every day.

Kate Kelly, acclaimed journalist and author of Street Fighters, investigates the world of commodities traders When most of us think of the drama of global finance, we think of stocks and bonds. But commodities? Crude oil and soya beans? Copper and wheat? What could be more boring? That's exactly what the elite commodity traders want us to think. They don't seek the spotlight. They don't want to be as famous as Warren Buffett. Their astonishing wealth was created in obscurity, because they dwell in private companies or deep within large banks and corporations. But if the individuals in the commodities boom have gone unnoticed, their impact has not. Prices of raw materials have exploded. Are the big traders jacking up the cost of petrol, food, and essentials bought by people around the world? How did such immense power end up in the hands of a few? In this riveting book, Kate Kelly takes us inside the inner circle that affects so many things we all depend on. Following a trail from New York to London to Dubai, from hedgefunds and banks to brokers and regulators, she reveals the fullest ever picture of the men who gamble with our future every day.

By: Kate Kelly
Imprint: Penguin Books Ltd
Country of Publication: United Kingdom
Dimensions: Height: 198mm, Width: 129mm, Spine: 19mm
Weight: 224g
ISBN: 9780670922673
ISBN 10: 0670922676
Pages: 304
Publication Date: 29 July 2015
Audience: College/higher education , Professional and scholarly , Primary , Undergraduate
Format: Paperback
Publisher's Status: Active

Kate Kelly, author of the New York Times bestseller Street Fighters, covers Wall Street for CNBC. She spent ten years at the Wall Street Journal where she won a Livingston Award and two Gerald Loeb awards. She lives in Brooklyn with her family.

Reviews for The Secret Club That Runs the World: Inside the Fraternity of Commodity Traders

Gripping ... even more shocking than you think ... Kelly is a master of storytelling * Independent on Sunday * Engaging * Financial Times * Outsiders know surprisingly little about this world, and Kate Kelly ... has done a good job of shedding light on some of the personalities who dominate it * The Economist *