The King Of Oil

Download or read book The King of Oil written by Daniel Ammann and published by St. Martin's Press. This book was released on 2009-10-13 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Billionaire oil trader Marc Rich for the first time talks at length about his private life (including his expensive divorce from wife Denise); his invention of the spot oil market which made his fortune and changed the world economy; his lucrative and unpublicized dealings with Ayatollah Khomeini's Iran, Fidel Castro's Cuba, war-ravaged Angola, and apartheid South Africa; his quiet cooperation with the Israeli and U.S. governments (even after he was indicted for tax fraud by Rudy Guiliani) and near-comical attempts by U.S. officials to kidnap him illegally. This sure-to-make-headlines book is the first no-holds-barred biography of Rich, who was famously pardoned by Bill Clinton, and resurfaced in the news during the confirmation hearings of Attorney General Eric Holder. The King of Oil sheds stunning new light on one of the most controversial international businessmen of all time, charting Rich's rise from the Holocaust, which he fled as a young boy, to become the wealthiest and most powerful oil and commodities trader of the century. From his earliest trading days to the present, Marc Rich's story is astonishing and compelling.

Download or read book The King of Oil written by Daniel Ammann and published by St. Martin's Press. This book was released on 2009-10-13 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Billionaire oil trader Marc Rich for the first time talks at length about his private life (including his expensive divorce from wife Denise); his invention of the spot oil market, which made his fortune and changed the world economy; his lucrative and unpublicized dealings with Ayatollah Khomeini's Iran, Fidel Castro's Cuba, war-ravaged Angola, and apartheid South Africa; his quiet cooperation with the Israeli and U.S. governments (even after he was indicted for tax fraud by Rudy Guiliani) and near-comical attempts by U.S. officials to kidnap him illegally. This sure-to-make-headlines book from Daniel Ammann is the first no-holds-barred biography of Rich, who was famously pardoned by Bill Clinton, and resurfaced in the news during the confirmation hearings of Attorney General Eric Holder. The King of Oil sheds stunning new light on one of the most controversial international businessmen of all time, charting Rich's rise from the Holocaust, which he fled as a young boy, to become the wealthiest and most powerful oil and commodities trader of the century. From his earliest trading days to the present, Marc Rich's story is astonishing and compelling.

Download or read book The Oil Kings written by Andrew Scott Cooper and published by Simon and Schuster. This book was released on 2012-09-11 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: Relying on a rich cache of previously classified notes, transcripts, cables, policy briefs, and memoranda, Andrew Cooper explains how oil drove, even corrupted, American foreign policy during a time when Cold War imperatives still applied, and tells why in the 1970s the U.S. switched its Middle East allegiance from the Shah of Iran to the Saudi royal family. Amid the oil shocks of the early 1970s, there was one man the U.S. could rely on: the Shah of Iran. The Shah sold us oil; we sold him weapons. But the U.S. and other industrialized economies could not tolerate repeated annual double digit increases in oil prices. During the 1976 election campaign, President Gerald Ford decided that he had to find a country that would break the OPEC monopoly and sell the U.S. oil more cheaply. On the advice of Treasury Secretary William Simon -- and against the advice of Secretary of State Henry Kissinger -- Ford made a deal to sell advanced weaponry to the Saudis in exchange for a more moderate price hike in oil. The Shah's economy was destabilized, and disaffected elements mobilized to overthrow him. The U.S. had embarked on a long relationship with the autocratic Saudi kingdom that continues to this day.

Download or read book Metal Men written by A. Craig Copetas and published by Open Road Media. This book was released on 2014-05-27 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This true story of the multibillionaire who fled to Switzerland “reads like a mystery novel” (USA Today). How did Marc Rich make over ten billion dollars while paying hardly any taxes? Journalist A. Craig Copetas infiltrated the inner circle of the commodities market and Rich’s associates to show not only how the metals and minerals trader pulled off the scam, becoming one of America’s most wanted criminals, but also how other traders have used the same model to evade taxes as well. A continuing figure of controversy even after his death, Rich, a hedge fund manager and the founder of Glencore, was wanted for evading almost ninety million dollars in taxes and if caught, could have spent life in prison. From a former staff reporter at The Wall Street Journal, Metal Men is a story of international intrigue spanning the globe, from the inside of the White House to the Kremlin, a brilliantly researched work that exposes the inner workings of one of country’s largest scams. “Mr. Copetas is at his best evoking the high-stakes, fast-paced life of the commodities traders: the greed and corruption that consume them are the stuff of high drama.” —The New York Times Book Review

Download or read book Oil King Courage written by Sigmund Brouwer and published by Orca Book Publishers. This book was released on 2009-10-01 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: When the Edmonton Oil Kings discover that Reuben Reuben has a hockey game as unforgettable as his name and his Inuit heritage, life changes in a hurry for him and his best friend Gear. A wealthy businessman sponsors a three-on-three pond-hockey tour across the western Arctic, and Reuben and Gear find out more than they ever bargained for about teamwork, about the North and about a dangerous family secret.

Download or read book King of the Wildcatters written by Ray Miles and published by . This book was released on 1996 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: A legend among oilmen, Tom Slick was an independent operator in the truest sense. His office was his buggy during his early days of wildcatting the Mid-Continent oil field around 1910. And even after great success brought him to posher surroundings in an Oklahoma City office suite, his style remained hands-on. His impromptu deals were often brokered on street corners and over the telephone in his typical laconic style. Well into the 1920s he was the last of a breed who had no stock holders or board members to answer to, and instead "worked out of his hip pocket." Slick's extraordinary rise paralleled that of the modern petroleum industry. He began his career in the oil fields of western Pennsylvania, the birthplace of the American oil business. Before 1910, he headed west, traveling with his father and brother to the fields of Kansas to work as contract drillers. Slick met with failure in these early years, as he moved on to Oklahoma in an attempt to locate oil. In 1912 he received the financial backing to drill one more well, which turned out to be the discovery well for the vast Cushing Field. This amazing success was followed by more discoveries of fields - a frenzy of acquiring, drilling, then selling that in 1929 culminated with Slick's sale of his Oklahoma holdings in the Prairie Oil and Gas Company - up until that time, the largest sale of oil properties by an individual. In this first biography of Tom Slick, Ray Miles fleshes out the man who, despite his legendary drive - and the high-profile nature of the oil business - was exceedingly private and withdrawn. Miles relies on newspaper accounts, court and business records, correspondence, and personal interviews with family, friends, and associates to render a portrait of one of the most successful and colorful, yet elusive, businessmen of his day.

Download or read book 40 Classic Crude Oil Trades written by Owain Johnson and published by Routledge. This book was released on 2022-01-31 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: The day-to-day world of crude oil traders is not usually open to outsiders. Few non-specialists appreciate how oil traders approach the markets, what their backgrounds are and how they make money. This book brings the oil trading world to vivid life by introducing the reader to 40 real-life trades or strategies that were carried out by named market participants. The 40 chapters cover different geographies and different crude oil markets, providing an unparalleled insight into how crude oil traders work and think. Oil trading developed in its current form in the 1980s and the chapters cover these early beginnings through to the present day. The trades have been grouped in sections that relate to the nature of each trade and its broader use as an example of a successful trading style. Sections cover approaches to arbitrage trading; the impact of geopolitics; logistics and storage plays; short-term versus longer term trading; managing new crude oil grades; trading crude oil derivatives. The book provides plenty of inspiration for current or prospective crude oil traders or analysts. It will also be valuable for academic researchers, business school case studies, and for anyone wanting to learn more about the individuals that shape the world’s most important commodity market.