Barclay's is the latest bank to say they may get out of the agricultural commodity trading business to limit "reputational risk."
U.S. banks, of course, have no such compunctions. They actively oppose limits on commodity trading.
The UN conference on trade and development blames high food prices on commodities trading. They say futures are traded on commodities that don't exist, up to 20 to 30 times the amount of physical production.
- Rolling Stone: Hillary's New Deal (6 replies)
- Blue Cross to raise rates by 62% for individual policies (36 replies)
- Women's Suffrage Monument Unveiled in Nashville (2 replies)
- Cheat sheet on why to vote for the Democratic candidate (1 reply)
- Mass shooting in Orlando (17 replies)
- 2016 Shootings in Knox County, TN (57 replies)
- Knox Co. breaks ground on new all-inclusive playground (1 reply)
- Walmart's Out-of-Control Crime Problem is Driving Police Crazy (9 replies)
- K-Mart N. Broadway gone (20 replies)
- Local Motors to produce Olli self-driving vehicle in Knoxville (10 replies)
- Union Ave, Ice Cream, and soup? (48 replies)
- UT students are back! (14 replies)
- Aug 27 2016 - 2:00pm (18 hours 30 min from now)
- Oct 11 2016 - 10:00am (6 weeks 3 days from now)