The History of a Scandal: Metallgesellschaft Revisited with Kevin O’Reilly
The HC Commodities Podcast
00:00
The Itchy Trigger Finger Theory
At the time, and we already said that, and this again comes from our own discussions with people in and around at the time. Those academics very much had an axe to grind. The blow up that they ultimately created was really inevitable. I think being sat long, effectively, 80 million barrels of oil, it would be hard to defend that as ignorant. But again, unless we speak to the individuals involved, I don't know how much of the academic papers from 94 references an academic working on any hedge there is a speculative element"
Play episode from 35:04
Transcript
