No Wonder Hors D'oeuvre Futures Are Up

The bash will cost $ 350,000, but hey, it's not every day that Leo Melamed retires. This is the man who built the once lowly Chicago Mercantile Exchange into a worldwide marketplace and was present at the creation of many of the exotic financial futures that portfolio managers now rely on. Some 1,700 of Melamed's closest friends are expected to attend, including Nobel economist Milton Friedman and Republican National Committee Chairman Clayton Yeutter.

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