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April 26, 2012
You may have noticed you haven’t received any posts from me lately. Well, it’s like this, I got sued, twice, I started writing my next book and then — unexpectedly — I ended up in an international border dispute. In other words, it’s been quite the lively adventure, this job. I’ll be writing about all of it coming up, as things are finally settling down. […]
Posted in: Uncategorized
Q&A With The Global Journal: Oil Trading And The Casino Syndrome
February 28, 2012
Happy National Pancake/Leap Year/Week before Super Tuesday Day, all. It has been a turbulent past few months and not just in the oil market. I will get into why very shortly but, for now, let’s just say that after a long and dark winter, I am once again available for dancing in the streets. Without any further cryptic remarks, I’d like […]
Posted in: Bahhd regulators, Bahhd traders, banking, CFTC, commodities, corruption, derivatives, energy, gasoline, Goldman Sachs, leverage, Nymex, oil prices, oil trading, speculation
The Boy Wonder At The Heart Of A Disaster
December 2, 2011
Something to inspire your Friday: The story of a 30-year-old from Sunrise, Florida, who’s defying Wall Street — and not getting hit with a nightstick for it. Who is James Koutoulas and how did this 30-year-old end up leading the charge to recover more than $1 billion for customers from one of Wall Street’s biggest bankruptcies? […]
Good News From Francis, The Lamp Man
November 12, 2011
Sometimes there’s a need to find a good lamp guy. The guy the other lamp guys go to who really knows where it’s at. That guy is Francis Nowalk of Pittsburgh (or for those of you who want to get persnickety about it, Bloomfield, PA, the Little Italy of Pittsburgh). Francis has a massive stone building […]
Posted in: economy glory and vainglory, finance
Final Words From U.S. Bank Watchdog Sheila Bair
November 9, 2011
Not all banks are the same. A handful of banks — such as the one that invited me to speak in Austria this autumn– were not happy to see the multibillion-dollar bailouts, the hue and cry of the public and the resumption of the indefensible bonuses on Wall Street that have, again, given banks a bad name. I […]
A Certain Stylishness In Hating The Rich
November 7, 2011
Our national discourse on the nature of wealth has been a good cure for sanity of late. News that a book coming out from the surviving son of Bernard Madoff, mastermind of the largest Ponzi scheme in history, elicited comments from readers that could be called anything but charitable. Alongside an interview with Madoff’s wife, Ruth, whose picture speaks volumes about […]
Fortune Features ‘The Asylum’ As Weekly Read
October 21, 2011
Since publishing “The Asylum: The Renegades Who Hijacked The World’s Oil Market,” I have received a great deal of response (most of it in private correspondence and some in public forums, such as the press and in the courts, where I spent the better part of my summer languishing in sunless quarters). You would think it would […]
Posted in: commodities, corruption, derivatives, energy, market gaming, oil prices, oil trading, speculation, Uncategorized
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Lighted stairwell to the New York Mercantile Exchange's original trading pits.
Leah McGrath Goodman 
May 7, 2012
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