Bernard P. Carey
From MarketsWiki
| This page is not complete! |
| Do you have knowledge to contribute on this or other subjects?
Help the wiki grow -- add what you know. |
| Bernard P. Carey |
The late Bernard P. Carey[1] was a member of the Chicago Board of Trade from 1940 until his death in May of 2008. He served as chairman[2] of the CBOT from 1963 to 1965.[3][4] Both his father (Peter W. Carey) and nephew (Charles P. Carey) also served as chairman of the CBOT.[5]
Background
| This page needs a sponsor. |
| Put your logo here! |
| Email us for information on how to support MarketsWiki. |
While Carey was CBOT chairman the so-called "salid-oil scandal of 1963" hit the exchange.[6] A former New Jersey meatpacker named Anthony ("Tino") DeAngelis had bought soybean oil contracts after fraudulently obtaining $175 million in bank loans. Using warehouse receipts for vegetable oil as collateral, he fooled inspectors with storage tanks with a couple feet of oil on the top and the rest water.[7][8] Carey called the orderly liqudation of the soybean oil contracts "one of my proudest moments at the Board of Trade" in a 2005 interview in Crain's Chicago Business.[9]
Carey was featured in chapter of "My Word is My Bond," a 2008 book by Arlene Michlin Bronstein featuring interviews with 21 influential members of the Chicago Board of Trade.[10][11]
Education
References
- ↑ Bernard Carey, CBOT veteran, has died. Crain's Chicago Business. Retrieved on May 16, 2008.
- ↑ Board of Directors. Chicago Board of Trade. Retrieved on May 16, 2008.
- ↑ Bernard P. Carey. Chicago Tribune. Retrieved on May 16, 2008.
- ↑ Carey. Crain's Chicago Business. Retrieved on May 16, 2006.
- ↑ Bernie Carey--trading is in the blood. Futures Magazine. Retrieved on May 16, 2008.
- ↑ Carey. Crain's Chicago Business. Retrieved on May 16, 2006.
- ↑ The Man Who Fooled Everybody. Time Magazine. Retrieved on May 16, 2008.
- ↑ Justice Steps In. Time Magazine. Retrieved on May 16, 2008.
- ↑ Carey. Crain's Chicago Business. Retrieved on May 16, 2006.
- ↑ My Word is My Bond. Amazon.com. Retrieved on May 16, 2008.
- ↑ My Word Is My Bond: Voices from Inside the Chicago Board of Trade. Globalbookstore.com. Retrieved on May 16, 2008.
