Mark W. Geiger

Mark W. Geiger, an independent scholar of economic history, discusses his book, 'Floor Rules: Insider Culture in Financial Markets.' He reveals how insider norms, or 'floor rules,' play a crucial role in the trading world, often dictating behavior more than formal regulations. Geiger shares thrilling stories, like that of B.P. Hutchinson’s dramatic 1888 wheat market corner and the manipulative tactics of the LIBOR scandal. He also touches on the aggressive culture within financial markets and the essential connections that influence success among traders.

Mark W. Geiger, an independent scholar of economic history, dives into the intriguing world of financial markets in his latest work. He unpacks the 'floor rules' that insiders must navigate, revealing the high stakes of breaking these unwritten norms. Geiger recounts the dramatic story of B.P. Hutchinson's wheat market corner in 1888 and explores the ethical fallout from the 2008 LIBOR scandal. With a keen eye on market dynamics, he discusses the evolution of insider language and the shifting landscape influenced by technology and aggressive trading tactics.

Mark W. Geiger, an independent scholar of economic history, explores the unspoken dynamics of financial markets in his new book. He reveals that while official rules exist, it's the 'floor rules' that insiders fear breaking the most. The podcast dives into gripping tales like B.P. Hutchinson's daring wheat market corner in 1888 and the shocking LIBOR scandal of 2008. Geiger also discusses how insider culture, marked by aggressive language and personal networks, has evolved, especially after the pandemic, shaping the future of finance.