Double, Double Oil and Trouble | The Salad Oil Scandal
Oh My Fraud
00:00
Is That Risky?
In the 19 sixties, there were rumors that russia was going to open its aso oil markets to non soviet block countries. To effectively corner the market, you have got to,. it takes lots and lots of money to do that. Ta-Nehisi Coontz: So a man wants to corner the market with salad oil he can leverage to buy more solid oil futures. He finds another player in this whole thing, is american express. They had recently created a field warehousing division, that's what they called it. And i think we're going to explain how can be risky, right? Is that right? We are. But but it's cool
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