2min chapter

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#63 The King of Oil: The Secret Lives of Marc Rich

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CHAPTER

The Zinc Market Crisis - A Case Study

Marc Rich and Company tried to manipulate the global zinc market in 1992. It was a high risk speculative operation, but they were unable to keep it under wraps. The artificially inflated prices were followed by a very real slump. This insane attempt ended up costing Marc Rich $172 million.

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