I can’t remember where I saw this link, but Slate has a fascinating article about an economics paper about insider trading prior to CIA-orchestrated coups. Because of finals coming up I might have to read the paper later, but the article has quite a bit of juicy information.
In 1951, Jacobo Árbenz Gúzman became Guatemala’s second democratically elected president. Árbenz’s authoritarian predecessors had been very sympathetic to American business interests, particularly those of the United Fruit Co. (now Chiquita), which had bought up land titles on the cheap from Guatemala’s corrupt elite for its ever-expanding banana empire. Once in office, Presidente Árbenz sought to take it all back, nationalizing UFC’s Guatemalan assets and redistributing them to the poor.
But UFC had friends in very high places—the assistant secretary of state for inter-American affairs, John Moor Cabot, was the brother of UFC President Thomas Cabot. The secretary of state himself, John…
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Utopia, you are standing in it! 
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