The Traderszone Network

Published in TZ Latest News 20 November, 2014 by The TZ Newswire Staff

Here Are The Highlights From The Senate’s Finding That Banks Manipulate Physical Commodities – Live Hearing Feed

After two years, and 396 pages of report, the Senate investigations committee finds (translating their gobbledygook into English) that the banks did indeed corner and rig the commodity market. As Bloomberg reports, the Senate panel said the firms have eroded the line separating banking from commercial activities to the detriment of consumers and the financial system.

read more