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.
- BREAKING: Herron will not seek second term as TNDP chair (5 replies)
- Burchett: McIntyre needs to go (50 replies)
- New Traffic Radar Gun Will Detect When Drivers Are Texting (12 replies)
- Alexander agrees to debate Ball (2 replies)
- Gordon Ball earns an 'F' from NRA (3 replies)
- The Artful Dodger: Dr. Briggs "radio silence" on Cheri Siler's invitation to debate (38 replies)
- National POW/MIA Recognition Day (2 replies)
- For theater/re lovers (1 reply)
- Redefining Scrooge (8 replies)
- High profile investor: Charter schools are a business (8 replies)
- ISIS (143 replies)
- Tennessee unemployment, poverty rates increase (1 reply)
- Sep 22 2014 - 4:15pm (1 day 3 hours from now)
- Sep 23 2014 - 6:15pm (2 days 5 hours from now)
- Sep 23 2014 - 7:00pm (2 days 6 hours from now)
- Sep 25 2014 - 6:00pm (4 days 5 hours from now)