The Renegades Who Hijacked the World Oil Market: A Gripping Account of the Rise and Fall of Marc Rich

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Marc Rich, a enigmatic and polarizing figure, dominated the world oil market for decades. His audacious business dealings and controversial personal life captivated headlines, making him a legend in the annals of international trade.

The Asylum: The Renegades Who Hijacked the World's Oil Market

by Leah McGrath Goodman

4.2 out of 5

Language	:	English
File size	:	2479 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	421 pages

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In "The Renegades Who Hijacked the World Oil Market," award-winning journalist Daniel Ammann tells the gripping story of Rich and his associates, who defied industry norms and reshaped the global energy landscape.

Chapter 1: The Early Years

Born in Belgium in 1934, Rich immigrated to the United States with his family. He began his career as a commodities broker in the 1960s and quickly made a name for himself as a shrewd negotiator.

In 1972, Rich and his partner Pincus Green founded Marc Rich & Co. (later Glencore),which would become one of the world's largest oil trading companies.

Chapter 2: The Iran Oil Deal

In the midst of the 1973 oil crisis, Rich brokered a landmark deal to Free Download Iranian oil for Israel. This controversial move defied the US embargo on Iranian oil and cemented Rich's status as a daring operator.

The deal also attracted the attention of US authorities, who accused Rich of tax evasion and illegal trade.

Chapter 3: The Tax Evasion Scandal

In 1983, Rich was indicted on 65 counts of tax evasion, racketeering, and fraud. He fled the United States and lived in exile in Europe, where he continued to operate his vast business empire.

The tax evasion scandal cast a shadow over Rich's career and became a lightning rod for controversy.

Chapter 4: The Clinton Pardon

In 2001, on his last day in office, President Bill Clinton granted Rich a controversial pardon. The decision sparked outrage among some politicians and legal experts, who questioned the motives behind it.

Rich's pardon became a major political firestorm and raised questions about the influence of wealthy individuals on political processes.

Chapter 5: The Later Years

Rich continued to manage his business interests from Europe and remained a controversial figure in the international oil market. He invested in numerous ventures, including mining and real estate.

In 2013, Rich died in Switzerland at the age of 78. His legacy continues to be debated, with some praising his business acumen and others condemning his alleged criminal activities.

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"The Renegades Who Hijacked the World Oil Market" is a gripping and meticulously researched account of the life and times of Marc Rich. Ammann provides a comprehensive overview of Rich's business dealings, legal battles, and personal challenges.

The book offers a fascinating glimpse into the shadowy world of international oil trading and raises important questions about the boundaries of power, morality, and the rule of law.

The Asylum: The Renegades Who Hijacked the World's Oil Market

by Leah McGrath Goodman

4.2 out of 5

Language	:	English
File size	:	2479 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	421 pages

FREE