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>This led to the emergence of new leadership who pioneered a different strategy, expanding the exchange's traded products to include futures contracts on pork b
by fatnoah 8y ago
>This led to the emergence of new leadership who pioneered a different strategy, expanding the exchange's traded products to include futures contracts on pork bellies and frozen concentrate orange juice
...and we all know what happened to the FCOJ market in 1983.
- jpatokal 8y agoIf this didn't ring a bell: https://en.wikipedia.org/wiki/Trading_Places https://en.wikipedia.org/wiki/Trading_Places
- rat87 8y agoPlanet Money had an episode on this The Eddie Murphy rule/what happens at the end of Trading Places https://www.npr.org/templates/transcript/transcript.php?storyId=200401407 https://www.npr.org/templates/transcript/transcript.php?stor... as well as on the onion King (https://www.npr.org/templates/transcript/transcript.php?storyId=448718171 https://www.npr.org/templates/transcript/transcript.php?stor...) which I assume is where op found out about this story.