Drunken Broker buys 70% off all the oil

Ein besoffener Broker hat 2009 während eines Blackouts 70% des Weltmarktes für Rohöl eingekauft. Die Financial Services Authority hat ihm natürlich die Handelslizenz entzogen, wird ihm 2014 aber erneut eine ausstellen, bemerkt aber dazu: „Mr Perkins poses an extreme risk to the market when drunk.“ Hilarious!

Between the hours of 1:22 a.m. and 3:41 a.m., Perkins gradually bought 69 percent of the global market, 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 his managing director claiming an unwell relative meant he would not be able to make it into work.

'Drunken' Broker Sent Oil to 8-Month High in 2009: Report (via Boing Boing)