99% Invisible-84B- Trading Places with Planet Money by Roman Mars published on 2013-07-15T18:32:05Z 99% Invisible and Planet Money team up and we talk to commodities traders to answer one of the most important questions in finance: What actually happens at the end of Trading Places? We know something crazy happens on the trading floor. We know that Eddie Murphy and Dan Aykroyd get rich and the Duke brothers lose everything. But how does it all happen? And could it happen in the real world? Also on the show: The "Eddie Murphy Rule" that wound up in the the big financial overhaul law Congress passed in 2010. Music: Wolfgang Amadeus Mozart's "Overture, Marriage Of Figaro" and The Silhouettes' "Get A Job." Yes, there's a spoiler in this post. But the movie came out 30 years ago. Deal with it. Genre Public Radio Comment by thatsjared_ Shut up 2014-05-08T03:51:44Z Comment by pterantula One of the greatest comedies of all time. I'd love to see a sequel - but I'd hate to see a terrible, "cashing-in" sequel.... The sequel would open of course, on the federal indictment of Billie Ray Vanetine and Louis Winthorpe; because what they did WAS TOTALLY illegal. You mention that insider trading rules didn't fully apply to the commodities markets in the same way they do to equities markets, but don't forget: the anti-fraud provisions of the Securities Acts of 1933 & '34 apply to EVERYTHING, even things specifically exempted from regulation under those acts. What they did in the film was absolute, premeditated fraud (trading on rumors with the intent to deceive?), and they even knew as much when they realized who Clarence Beaks was. 2013-07-19T18:46:00Z Comment by Assuming Time is Linear Awesome episode. I'm off to do some trading. 2013-07-16T08:29:32Z
