Words similar to sumitomo
Example sentences for: sumitomo
How can you use “sumitomo” in a sentence? Here are some example sentences to help you improve your vocabulary:
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.
Should it have been the United States, where much of the copper Sumitomo ended up owning is warehoused?
Should it have been Japan, because Sumitomo is based there?
The funny thing about the Sumitomo affair is that if you ignore the exotic trimmings--the Japanese names, the Chinese connection--it's a story right out of the robber-baron era, the days of Jay Gould and Jim Fisk.
And Sumitomo's strategy did indeed eventually come to grief--but only because Hamanaka apparently could not bring himself to face the fact that even the most successful market manipulator must accept an occasional down along with the ups.
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