Something for Nothing by Maureen O'Hara

Author:Maureen O'Hara
Language: eng
Format: epub
Publisher: W. W. Norton & Company

Goldman Sachs and the Aluminum Market

In February 2010, Goldman Sachs bought an aluminum warehouse company called Metro International Trade Services. In November 2013, the Senate Permanent Committee on Investigations released a report, and held hearings, on Wall Street bank involvement with commodities, focusing, in part, on the seemingly bizarre behavior of the aluminum storage market. The committee echoed accusations first raised by the New York Times that Goldman orchestrated a “merry-go-round of metal,” all “intended to exploit pricing regulations set up by an overseas commodity exchange.”23 The Senate report added,

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.