@article{348080,
      recid = {348080},
      author = {Olson, Erika S.},
      title = {Zero-sum game : the rise of the worlds largest derivatives  exchange /},
      publisher = {Wiley,},
      address = {Hoboken, N.J. :},
      pages = {xiv, 256 p. ;},
      year = {2011},
      abstract = {"In 2007, the Chicago Board of Trade (CBOT) and the  Chicago Mercantile Exchange (CME) ended their bitter,  century-long rivalry and merged to form CME Group. The  combined company went on to acquire the New York Mercantile  Exchange in 2008, and now dominates regulated futures  trading with a 95% share of the U.S. market. The Zero-Sum  Game: The Rise of the World's Largest Derivatives Exchange  and its Influence on the Global Economy tells the gripping  (and often comical) story of the multi-billion-dollar  bidding war that erupted between financial giants as they  fought for control of CBOT. Through the lens of the  historic CME/CBOT deal, the book: Introduces the colorful  and outspoken personalities who call the shots in this  close-knit and frequently misunderstood industry. Details  the reasons behind the recent, spectacular growth of a  market that's existed for over 160 years. Explains how  derivatives affect the lives of average consumers worldwide  by influencing everything from interest rates on credit  cards to the cost of a cheeseburger to the price of a  gallon of gas. Reveals the inner workings of futures  exchanges, and differentiates the various types of  derivatives that are routinely lumped together and vilified  by the media. Erika Olson is a former managing director of  the Chicago Board of Trade and spent over ten years working  in and consulting to the financial services industry. She  received her MBA from Harvard Business School and her BBA  from the University of Michigan Ross School of  Business."--},
      url = {http://library.usi.edu/record/348080},
}