Zero-Sum Game: The Rise of the World's Largest Derivatives Exchange
| Author | : | |
| Rating | : | 4.50 (649 Votes) |
| Asin | : | 0470624205 |
| Format Type | : | paperback |
| Number of Pages | : | 256 Pages |
| Publish Date | : | 2014-07-31 |
| Language | : | English |
DESCRIPTION:
In 2007, a stranger-than-fiction multibillion-dollar bidding war for the Chicago Board of Trade (CBOT) erupted between the Chicago Mercantile Exchange (CME) and Atlanta’s IntercontinentalExchange (ICE). I, of course, was selfishly thrilled by this unexpected turn of events--Zero- Sum Game suddenly had a new second and third act. A lot of books have come out recently that are set in the financial services industry. She received her MBA from Harvard Business School and her BBA from the University of Michigan Ross School of Business. So as I sat there listening to Bernie I thought, “These two exchanges have been fierce competitors for over 100 years… this has the makings of a great story.” I started taking notes that same day. OlsonAuthor Erika S. Through the lens of the CME/CBOT deal, Zero-Sum Game: Introduces the colorful and outspoken personalities who call the shots in this close-knit and f
Really Wanted to Like This I know Ms. Olson through her blogging and looked forward to reading it. I've also been through two merger experiences of my own and thought it'd be interesting to compare her experience with mine.Olson is a more than competent writer. However, throughout the book she made choices regarding the overall organization of the material, the level of details (was she *really* an insider, given her inexperience at CBOT compared to those of her compatriots) what to share (and not share) that began for me as a letdown that escalated into full. Frozen Concentrated Orange Juice For those of us who do not work in finance, Zero-Sum Game offers a rational explanation of the futures market and sheds light on the mystery that is derivatives. I was captivated by the author's play-by-play recollection of the massive, intricate, and exhausting merger between the CME and CBOT. I would love to hear from the CME and CBOT players' spouses during this period to see how their home life was affected by the emotional roller coaster that was this merger; there is a book in there, too, which I'd like to write. I also really. Richard Hale Shaw said Excellent. An outstanding business book and a gripping read.. I just finished reading the Kindle Edition, cover-to-cover (so to speak) via the Kindle Reader on my iPad. Engaging, gripping - and wonderfully educational.Although those who disparage Markets and are quick to blame speculators for many of our ills won't read this book, anyone who appreciates and respects the benefits of Capitalism and its impact on modern society should read this book - if only for the education in what Markets do for us and how they work. Here I don't just mean Futures Markets, as this book is about the market for
BOUCHARD, co-founder, Esmark; co-author of America for Sale . Olson provides an engaging tour of our largest derivatives exchanges, as well as the drama of an intense acquisition contest."--STEVEN KAPLAN, Professor, University of Chicago Booth School of Business"A vivid and engaging account of one of the most important deals of the last decade."--GUHAN SUBRAMANIAN, Professor, Harvard Law School and Harvard Business School"Olson just painted the Sistine Chapel of LaSalle Street. Zero-Sum Game will help you understand the scene."--JIM ROGERS, author of A Gift to My Children"Zero-Sum Game is a positive-sum read. "Zero-Sum Game lets the reader get to know the colorful players and complex horse-trading that officially sent 'the Hatfields and the McCoys' to the altar of a successful corporate marriage." --RICK SANTELLI, on-air editor, CNBC"Commodities are now becoming more accessible to the public and will be more import