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.
- Justice? (27 replies)
- FYI: Don't buy a teenage boy a sports car (59 replies)
- Citizenfour at Downtown West (6 replies)
- Latest UT athletics drama (9 replies)
- Google Fiber advancing in Nashville? (3 replies)
- UT dropping "Lady" from "Lady Vols" (58 replies)
- Sad pet store story (5 replies)
- Ravitch: Education reform is a hoax (1 reply)
- Local Presbyterian church in turmoil over same-sex marriage (11 replies)
- UT discontinues Lady Vols Hall of Fame (8 replies)
- BlueCross premium hike (16 replies)
- Companies accuse Haslam of leading Pilot Flying J fraud (6 replies)