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.
- Knox Co. should resolve Halls greenway project issues (14 replies)
- Jonathan Turley - "Get ready for an even bigger threat to Obamacare" (9 replies)
- Should Knox Co. Democrats cross over in the upcoming primaries? (42 replies)
- Jason Emert, Sleazy campaigner (5 replies)
- No Credit? No Problem (3 replies)
- Gang of 4.0 on radio this morning (2 replies)
- Adams fundraising update (1 reply)
- Yes, Virginia, there are Democrats on the ballot (9 replies)
- 2014 Shootings in Knox County, TN (42 replies)
- Here's why you should vote "yes" for all judicial retentions (1 reply)
- Briggs (187 replies)
- KNS running more misleading ads (2 replies)
- Jul 24 2014 - 6:00pm (2 days 2 hours from now)
- Jul 26 2014 - 9:00am (3 days 17 hours from now)
- Jul 29 2014 - 10:00am (6 days 18 hours from now)
- Jul 29 2014 - 5:30pm (1 week 1 hour from now)