Learsy questions banks over role in oil speculation

Raymond J. Learsy, scholar and author of the Over a Barrel: Breaking Oil’s Grip on Our Future, has written an interesting piece in the Huffington Post that’s worth a read. In his piece, Learsy looks at how investment banks turned bank holding companies like Morgan Stanley and Goldman Sachs have used the Tarp fund and other taxpayer [...]

CFTC considers measures aimed at speculation

An interesting story from the Washington Post about the Commodity Futures Trading Commission (CFTC) chairman Gary Gensler considering implementing  policies that will reduce the price volatility caused by speculation on the commodity exchange. The CFTC also has plans to regulate derivatives (financial contracts whose prices are derived from the price of something else. CLICK HERE for more [...]

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