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October 4, 2012 12:52 pm PDT

Man in a "drunken blackout" bought 69 percent of the global market in oil futures

2009: "Between the hours of 1:22 a.m. and 3:41 a.m., [Steve Perkins] gradually bought 69 percent of the global market [7 million barrels of crude oil], while driving prices up from $71.40 to $73.05, by bidding higher each time. At 6:30 a.m., presumably sobering up and realizing what he’d done, he sent a message to [...]


Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/sQyvH2KFmMo/man-in-a-drunken-blackout.html

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