Michael W. Masters
Michael W. Masters
Mr. Masters’ growing concern for the far-reaching harmful effects of unregulated derivatives markets inspired him to establish Better Markets in 2010 to promote transparency, accountability and oversight in the domestic and global capital and commodity markets. With deep expertise in U.S. policymaking, legislative processes, economic research and analysis and financial management, Better Markets board members and staff consult and advise regulators in the U.S., the U.K. and Asia on financial reform issues.
As a highly regarded expert on commodities and financial regulation, Mr. Masters has testified before many congressional committees and government agencies, addressed consumer, corporate, investor and academic groups, and appeared in media outlets around the world. Mr. Masters is the founder and managing member of Atlanta-based investment firm Masters Capital Management.
Accidental Hunt Brothers
In the summer of 2008, Michael Masters co-authored reports with Adam White called "The Accidental Hunt Brothers.” The reports were the first in-depth look at the growing problem of commodity index funds, which were pushing up prices of food and energy. The report caused a huge news splash, with congressional hearings, a “60 Minutes” segment, and a lengthy debate that continues as consumers and farmers grapple with higher commodity prices. From September 2008 to April 2010, Adam White maintained the Accidental Hunt Brothers blog, which supplemented the original reports by highlighting relevant news from financial markets and Capitol Hill. The blog's purpose was to keep a watchful eye over Wall Street and was a precursor to the work of Better Markets.
The three "The Accidental Hunt Brothers" report:
- The Accidental Hunt Brothers - Part 1, July 31, 2008
- The Accidental Hunt Brothers - Part 2, September 10, 2008
- The Accidental Hunt Brothers - Part 3, February 4, 2009
Below are five posts that have been adapted to provide a flavor of “The Accidental Hunt Brothers.”