Brokers, bagmen, and moles: fraud and corruption in the Chicago futures markets

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Wiley, Jul 1, 1991 - Business & Economics - 337 pages
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Describes the two year government undercover operation investigating corruption and illegal practices in the two Chicago commodity exchanges and culminating in the indictments of 46 industry professionals. Describes how these very complicated markets function and how their ``old-boy club'' style first created the problems and later shielded many of its members from investigation and prosecution. A true inside account, it explores rampant fraud and abuse in the futures markets.

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BROKERS, BAGMEN, AND MOLES: Fraud and Corruption in the Chicago Futures Markets

User Review  - Jane Doe - Kirkus

Less than two years after federal 'commod' squads obtained indictments against over 40 traders at the Windy City's two principal futures exchanges, volume remains as high as ever. Even so, Greising (a ... Read full review

Brokers, bagmen, and moles: fraud and corruption in the Chicago futures markets

User Review  - Not Available - Book Verdict

In documenting the two-year-long investigation begun in 1987 by the FBI, Greising, a correspondent for Business Week , and Morse, a reporter for Knight-Ridder Fi nancial News , provide an exciting ... Read full review

Contents

Secrets of the Pit
3
The Knock at the Door
14
Part II
39
Copyright

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About the author (1991)

Greising is the Atlanta Bureau Chief for Business Week. He has covered Coca-Cola and Roberto Goizueta for 3 years. Prior to BusinessWeek, he was with the Chicago Sun-Times.