17 min
The Closer Weekly: The Case of JP Morgan's 54 Tonnes of Fake Nickel The Closer: Deals Change the World
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- Business
JP Morgan Chase thought it owned 54 metric tonnes of nickel, the most highly valued base metal. The bank had reason to believe this nickel was stored in bags at a warehouse in Rotterdam. It turns out these bags are, instead, full of stones. Ben and Aimee discuss the case of JP Morgan's missing nickel and how this story is just the latest drama in the nickel trade.
Is there a business or deal story that you’d like Aimee and Ben to cover? Get in touch! You can email us at hello@thecloser.fm or find us on Twitter or Instagram @thecloserpod.
The Closer is a Project Brazen production. Subscribe to Brazen+ on Apple Podcasts or at brazen.fm/plus and get exclusive bonus episodes for The Closer and all our shows, as well as ad-free listening and early access to new podcasts.
For more fearless storytelling visit brazen.fm, home to all our podcasts, documentaries and newsletters. At Brazen, we show you how the world really works – from espionage and corruption to deal-making and organised crime, we’ll take you inside stories from hidden worlds.
JP Morgan Chase thought it owned 54 metric tonnes of nickel, the most highly valued base metal. The bank had reason to believe this nickel was stored in bags at a warehouse in Rotterdam. It turns out these bags are, instead, full of stones. Ben and Aimee discuss the case of JP Morgan's missing nickel and how this story is just the latest drama in the nickel trade.
Is there a business or deal story that you’d like Aimee and Ben to cover? Get in touch! You can email us at hello@thecloser.fm or find us on Twitter or Instagram @thecloserpod.
The Closer is a Project Brazen production. Subscribe to Brazen+ on Apple Podcasts or at brazen.fm/plus and get exclusive bonus episodes for The Closer and all our shows, as well as ad-free listening and early access to new podcasts.
For more fearless storytelling visit brazen.fm, home to all our podcasts, documentaries and newsletters. At Brazen, we show you how the world really works – from espionage and corruption to deal-making and organised crime, we’ll take you inside stories from hidden worlds.
17 min