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.
- 2016 Shootings in Knox County, TN (70 replies)
- Water enforcement dropped in business-friendly Haslam administration (5 replies)
- Hate is learned at home... (1 reply)
- Clinton campaign faltering (7 replies)
- Investigative Report on Rick Staples Part II (2 replies)
- Ammo plant deal falling apart? (8 replies)
- WBIR Inside Tennessee - Democratic candidate Gloria Johnson (3 replies)
- Bald Eagle on French Broad (5 replies)
- South High redux as Assisted Living Center (1 reply)
- Bill seeking to stop scalpers from grabbing online tickets has cleared the House (2 replies)
- Businessman wants to add waterfall to South Knoxville waterfront (23 replies)
- Dover to develop South High (8 replies)