''Rigged: The True Story of a Wall Street Novice who Changed the World of Oil Forever'' is a book by author
Ben Mezrich. The book recounts the story of
John D'Agostino, whom the book renames David Russo.
The hardback of the book was number 10 on the
''New York Times'' Best Seller list in 2007, and was number 29 in paperback nonfiction on December 14, 2008.
Sources
Mezrich maintains that the book is non-fiction despite the narrative style of writing. ''Rigged'' is published as a biography and described by
D'Agostino as "95 percent true, 5 percent minor embellishment".
Synopsis
David Russo, fresh from
Harvard Business School
Harvard Business School (HBS) is the graduate school, graduate business school of Harvard University, a Private university, private Ivy League research university. Located in Allston, Massachusetts, HBS owns Harvard Business Publishing, which p ...
, secures a job in Wall Street as the
dot-com bubble
The dot-com bubble (or dot-com boom) was a stock market bubble that ballooned during the late-1990s and peaked on Friday, March 10, 2000. This period of market growth coincided with the widespread adoption of the World Wide Web and the Interne ...
had just depressed the market. A chance meeting led to an opportunity at
New York Mercantile Exchange
The New York Mercantile Exchange (NYMEX) is a commodity futures exchange owned and operated by CME Group of Chicago. NYMEX is located at One North End Avenue in Brookfield Place in the Battery Park City section of Manhattan, New York City. ...
—the world's largest energy exchange. At the
Merc, he finds his working-class background helps him compete in the aggressive atmosphere. Russo quickly rises to become the Head of Strategy where he helps in the transition to electronic trading. In the aftermath of
9-11
The September 11 attacks, also known as 9/11, were four coordinated Islamist terrorist suicide attacks by al-Qaeda against the United States in 2001. Nineteen terrorists hijacked four commercial airliners, crashing the first two into ...
, Russo joined with colleagues to establish the
Dubai Mercantile Exchange
The Dubai Mercantile Exchange (DME) is a commodity exchange based in Dubai currently listing its flagship futures contract, DME Oman Crude Oil Futures Contract (OQD). Launched in 2007, the DME aims to become the crude oil pricing benchmark for ...
, a partnership between NYMEX and the government of
Dubai
Dubai (Help:IPA/English, /duːˈbaɪ/ Help:Pronunciation respelling key, ''doo-BYE''; Modern Standard Arabic, Modern Standard Arabic: ; Emirati Arabic, Emirati Arabic: , Romanization of Arabic, romanized: Help:IPA/English, /diˈbej/) is the Lis ...
. Through this venture, Russo helped accelerate the development of capital markets in the region.
Film adaptation
Summit Entertainment
Summit Entertainment, LLC (formerly the Summit Group, Summit Export Group, Summit Entertainment Group Inc., Summit Entertainment Limited, Summit Films Limited, and Summit Entertainment N.V.) is an American film production label of Lionsgate Film ...
acquired the screen rights to ''Rigged'' and the book has been optioned for movie production.
References
{{DEFAULTSORT:Rigged
2007 non-fiction books
American biographies
HarperCollins books