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.
- Obama wants community college to be free (68 replies)
- KNS Friday liberal column changeup (5 replies)
- Josh Flory leaving KNS (9 replies)
- Bonnaroo lineup announced (27 replies)
- Rape trial for former Vandy football players (20 replies)
- Build A Better Mousetrap (or just do the job better) (2 replies)
- Knoxville City Sign Ordinance (11 replies)
- Geek stuff: HTPC experiment (17 replies)
- It's getting close to tax time (4 replies)
- 2015 State of The Union Watch Party TONITE! (22 replies)
- Seattle has first LED lit baseball field (1 reply)
- Tennessee's wealthiest people (28 replies)
- Jan 27 2015 - 5:30pm (2 days 4 hours from now)
- Jan 27 2015 - 6:00pm (2 days 4 hours from now)
- Jan 27 2015 - 6:15pm (2 days 4 hours from now)
- Feb 5 2015 - 6:00pm (1 week 4 days from now)
- Feb 7 2015 - 4:00pm (1 week 6 days from now)