Words similar to hamanaka
Example sentences for: hamanaka
How can you use “hamanaka” in a sentence? Here are some example sentences to help you improve your vocabulary:
So why was Hamanaka allowed to continue?
Many people nowadays take it as an article of faith that free markets always take care of themselves--that there is no need to police people like Hamanaka, because the market will automatically punish their presumption.
But had Hamanaka been a bit more flexible and realistic, Sumitomo could have walked away from the copper market with modest losses offset by enormous, ill-gotten gains.
You might have thought that the kind of secrecy required for such a massive market manipulation was impossible in the modern information age--but Hamanaka pulled it off, partly by working through British intermediaries, but mainly through a covert alliance with Chinese firms (some of them state-owned).
Indeed, copper futures have been the object of massive speculative selling by the likes of George Soros, precisely because informed players believed that Hamanaka was keeping the price at artificially high levels, and that it would eventually plunge.
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