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gostsamo 2 hours ago

A guy cornered the market in the fifties, caused a scandal, they made a special exception.

joegibbs an hour ago | parent | next [-]

But what I’m saying is, why did they only cover onions? I don’t think there’s anything stopping someone from cornering the market in other commodities just as easily

weakened_malloc 37 minutes ago | parent [-]

Because the size of the market was/is so small that you're actually able to corner it. Oil or Treasury futures are far too big that no single person could ever corner it.

shawn_w an hour ago | parent | prev [-]

Two guys. At one point bags of onions were being sold for less than the value of the bags they were in...

They also got onion farmers to buy back onions they'd already sold.