The Asylum by Leah McGrath Goodman
The Renegades Who Hijacked the World's Oil Market

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Synopsis

The Asylum is a stunning exposé by a seasoned Wall Street journalist that once and for all reveals the truth behind America’s oil addiction in all its unscripted and dysfunctional glory.

In the tradition of Too Big to Fail and Liar’s Poker, author Leah McGrath Goodman tells the amazing-but-true story of a band of struggling, hardscrabble traders who, after enduring decades of scorn from New York’s stuffy financial establishment, overcame more than a century of failure, infighting, and brinksmanship to build the world’s reigning oil empire—entirely by accident.

 

About Leah McGrath Goodman

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An award-winning journalist, Leah McGrath Goodman has written for Forbes, the Wall Street Journal, Barron's, the Financial Times, and the Guardian in New York and London. She currently resides in Boulder, where she is a Ted Scripps fellow at the University of Colorado.
 
Published February 15, 2011 by HarperCollins e-books. 421 pages
Genres: Business & Economics, History. Non-fiction

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Kirkus Reviews

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The repeated assertion that the Nymex traders influence oil prices more than oil-producing nations or national governments suggests that Goodman is inflating the importance of her subject.

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Publishers Weekly

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What should be a quasi-public utility—the market exchange where oil and gas are traded—is actually a madhouse of vice, vendettas, and corrupt crypto-capitalism, according to this breathless account of the New York Mercantile Exchange.

Dec 20 2010 | Read Full Review of The Asylum: The Renegades Who...

Business Week

At one particularly good party at the Hard Rock Hotel in Las Vegas, traders drank enough Cristal champagne that the managers were persuaded to move Jon Bon Jovi to another table—likely the social apex of the entire oil trading profession.

Feb 17 2011 | Read Full Review of The Asylum: The Renegades Who...

Your Entertainment Corner

When Lana returns to take the Sister from Briarcliff, he tells her Sister Jude hanged herself, and shows the death certificate as proof.

Nov 16 2012 | Read Full Review of The Asylum: The Renegades Who...

Your Entertainment Corner

And why does the monsignor not stand up to Arden, especially when Arden feeds him nonsense like, “All in the name of progress… Briarcliff is a receptacle for human waste…These patients came to me less than men, and now they’re more than human.

Nov 23 2012 | Read Full Review of The Asylum: The Renegades Who...

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