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The Grand Yarn
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sounds somewhat biased
fascinating look below the surface of events
Trading With The Enemy?I also noticed the copyright dates and found it interesting that the same political party was in office both times and that members of both of these administrations, privately, have a vested interest in the oil business. Which prompts me to ask: Is Marc Rich a corporate criminal, did he defraud the country and evade the law, or is it a case of sour grapes with a private vendetta being carried out in a public forum? I question, too, the fact that Mr. Rich was indicted while Oliver North ran for public office after committing virtually the same "crime".
It's mentioned that greed was a huge motivator and this I don't agree with. Profit is simply the by-product. Currently, I'm paper trading and honing my skills. Last December I placed a June DJIA put option costing me 2,100; in March, when the Dow fell I liquidated my option for 263,000. The excitement that's felt while everyone else is wringing their hands is incredible and the money was plowed right back into trading. Money is a marker, and trading is a test of skill and competition against yourself more than anything.
Mr. Rich, in his business dealings, reminds me of J.P. Morgan when he started out; and I would willingly relocate to Switzerland and become a lehrling, so persuasive is Mr. Copetas' writings.

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