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Jason Rines (iThinkBig)'s
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1633 comments
Rating: 538
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Climateer sums this all up:
Jun 02 16:37 pm
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All Comments by Jason Rines (iThinkBig) »'Index Speculators' Hoarding Commodities [View article]
"Mr. Jones didn't address what I thought was the more interesting part of Mr. Masters' testimony, that pension funds and other mega-speculators were circumventing position limits by entering into swap agreements with the 'commercials'.
I think any hint that congress wanted to look into Goldman Sachs proprietary trading would lead to the big banks quitting the swaps shennanigans pretty quick."