Leo Melamed Escape to the Futures [Hardcover]

A well-written, fascinating memoir of a remarkable man of many parts, who arrived in the United States at age 9, fleeing the Holocaust. Almost single-handedly, he transformed a minor commodity exchange into the leading futures market in the world. His influence was and remains worldwide. —Milton Friedman Senior Research Fellow Hoover Institution, Stanford University

There are only a few people who have revolutionized big portions of the business world. Warren Buffett did it in investing, Bill Gates in software. Leo Melamed, author of this book, is in that same league. He truly revolutionized futures trading in the United States, and in the world. This book tells how. —Ambassador Clayton Yeutter Past President of the Chicago Mercantile Exchange Former U.S. Trade Representative

A grizzled old Merc trader once assured me that nobody ever lost by being long on Leo. Why that's so, this endlessly fascinating personal history makes clear. It shows how an immigrant boy, after surviving unimaginable horrors, drew on the 'elan, combativeness, and sophisticated conviction' learned from his equally remarkable father to build the CME and to lay the foundations of the modern, Chicago-based, financial services industry. — Merton H. Miller 1990 Nobel Laureate Emeritus Professor University of Chicago Graduate School of Business

Leo tells it all. To say there would not have been a financial futures industry without Leo is probably only a slight exaggeration!!! — John Damgard President Futures Industry Association

Escape to the Futures tells the remarkable story of a young boy's escape from the Nazis and the impact of his life on the financial markets of the world. It also serves as yet another poignant reminder of the immeasurable losses —in the arts, sciences, professions, and everyday life&lC‹