Home > Archive by tag 'ach'
 | Email This Article Email This Article  | 

Commodities Trading: Aluminum’s Alcoa bribes (maybe) and buys

March 21, 2008 · Filed Under Gold and Resources · 1 Comment 
“After naming Merrill Lynch CEO Stan O’Neal (yes, that Stan O’Neal, the one who was forced to step down after revealing $8.4 billion in mortgage writedowns for the investment firm last fall) to its board, Alcoa and Chinese competitor Aluminum Corporation of China, or Chalco, as it’s known, bought a 9% stake (12% [...]

Tags: , , , , , , , , , , , , , ,