More from Sally Herships
The Five Percent Rule
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From: Sally Herships
The military has failed to comply with its own tobacco pricing restrictions, selling millions of dollars of tobacco-based products to service members well beneath legal ...
Slow Media 2: Woman quits the Internet
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From: Sally Herships
No cell phone, no email, no internet. Could you go offline for six months? Journalism professor Jennifer Rauch did. She talks about her experience and prepares to go back online.
How far does $250K go in New York City?
(00:03:56)
From: Sally Herships
$250K may mean a whole lot in any other American town, but in New York City, shopping at Whole Foods might be as good as it gets.
Gift Registries for Kids?
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From: Sally Herships
Gift registries for weddings are the norm, but what about registries for kids? It's not always easy to know what to get a two-year-old. But is a registry necessary? Or maybe ...
Remember Paper Checks?
(00:03:34)
From: Sally Herships
Paper is so out. One company is fighting back - meet Duncan Steel, the Man with Checks Appeal.
Social Shopping
(00:04:18)
From: Sally Herships
There was an uproar when Facebook fiddled with its privacy settings -- but really, people willingly give up their privacy all the time for perks like coupons and discounts. Why?
Consumer Gold
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From: Sally Herships
Marlboro is one of the best known brands around the world. Everyone knows the Marlboro Man. But now Marlboro is facing one of its biggest branding challenges ever - how to ...
Phantom of the Opera
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From: Sally Herships
Orgies sell opera tickets, so bring 'em on! Gabriel Von Wayditch was a Bronx resident and native of Hungary. He died in 1969 – and when he was alive he was a pretty ...
Divorce Detective
(00:03:00)
From: Sally Herships
Suspicious spouses, philanderers, and questionable judgment. New York-based Private Eye Jay Salpeter has seen it all. But how will New York's recent change to no-fault ...
Concrete Crickets
(00:04:06)
From: Sally Herships
New Yorkers are used to seeing graffiti, but now, they're hearing it too. New Yorkers are hearing things these days — and it's coming from the bushes. Audio graffiti. Small ...
Related Pieces
Piece Description
A cold snap in Florida means quite a ride for traders of orange juice futures. Sally Herships talked
to a trader to find out if the events were anything like the movie "Trading Places."
Broadcast History
Aired on Marketplace Morning Report on 1/13/10
Transcript
SALLY HERSHIPS: For me, the real star of the 1985 movie Trading Places wasn't Dan Aykrody or Eddie Murphy. It was the Department of Agriculture's crop report on orange juice production.
In the movie, the corrupt Duke Brothers bought an early peek at the crop report. It told them whether their trader should buy frozen concentrated orange juice or sell.
TRADING PLACES: We want you to buy as much OJ as you can the instant trading starts. Don't worry if the price starts going up. Just keep buying.
I went downtown to the World Financial Center to meet a real-life orange juice trader. Jonathan Kleisner trades for Rex Capital. He was also an extra in the movie. He says there are a lot of similarities between Trading Places and what happened in the market this week.
JONATHAN KLEISNER: It's actually pretty interesting how close those stories are. The only difference being that one was a crop...
Read the full transcript
