Ten years ago
LME and SIB deceived by Hamanaka
Sumitomo Corporation's former copper trader, Yasuo Hamanaka, played an incredible trick to throw investigations into his alleged fictitious trades off track in 1991, according to sources in the copper market last week.
Investigators probe Hamanaka's dealersSumitomo officials in Tokyo met a three-strong team from UK Securities and Investments Board, Commodity Futures Trading Commission, and...