Metal Men: Marc Rich and the 10-billion-dollar Scam Chapter Abstracts for Teachers

A. Craig Copetas
This set of Lesson Plans consists of approximately 128 pages of tests, essay questions, lessons, and other teaching materials.
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Chapter 1

• In London, the center of the European industrial trading world, there was a growing awareness of the creeping power of the 1984 Ronald Reagan dollar, which was gaining fiscal strength .

• Traders were wining and dining new bankers and investors; the metal men were out in full force for the next hot metal that could bring life back into the market.

• London was the center of the metal trading world and because of its geographic position could buy metal for one dollar from a Far Eastern customer and sell it for two dollars to a North American customer before the day ended.
• Metal men never lost because they played both sides of the market: they were both buyers and sellers depending on the ups and downs of the market.

• Only nine of the forty sought-after metals were traded openly; the others, many originating from Africa, were traded under the...

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