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Sumitomo Copper Scandal Overview by Mostafa Noman Deep is a document available to read on EtoBox.
Yasuo Hamanaka, the head copper trader at Sumitomo Corporation, engaged in over $2 billion of unauthorized copper trades from 1985 to 1996 in an attempt to recoup trading losses. His trading strategies manipulated the copper market and caused the London Metal Exchange to introduce new regulations in 1991 and 1993 that exacerbated Sumitomo
- Author
- Mostafa Noman Deep
- Language
- EN