How Marc Rich's Former Haven Put a Top Commodity Trader on Trial [Yahoo! Finance]
GLENCORE PLC UNSP/ADR (GLNCY)
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Source: Yahoo! Finance
moment in the relationship between the world's commodity traders and the country that many of them call home. Most Read from Bloomberg Hong Kong's Expat Party Hub Reshaped by Chinese Influx Brace for a Nationwide Shuffle of Corporate Headquarters How California Sees the World, and Itself City Hall Is Hiring American Institute of Architects CEO Resigns Until now, Swiss prosecutors had never put a commodity trading house on trial. In fact, they'd never tried any company for corruption at all. Irwin, who was one of Trafigura's earliest employees, was the company's official representative at the federal criminal court in the picturesque alpine town of Bellinzona, where Trafigura and three individuals — including former chief operating officer Mike Wainwright — faced charges of bribery in a landmark case. All four defendants denied the charges against them. The testimony from a procession of current and former senior figures at Trafigura meant the case has provided an unp
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- Citadel Defies Commodities Slump to Rack Up $4 Billion in Gains [Yahoo! Finance Canada]Yahoo! Finance Canada