Tag Archives: Volcker Rule

JPMorgan Exits Physical Commodity Trading

As featured on The Huffington Post: Quite dramatically, being the biggest bull in the China shop, JPMorgan Chase made the striking announcement this past week that it would¬†quit trading in physical commodities. This in a week during which a Senate panel held hearings on whether banks such as Goldman Sachs and JPMorgan are manipulating commodity/material…
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JP Morgan Accused of Rigging Energy Markets. A Feather Duster Anyone?

As featured on The Huffington Post: There they go again. First there was Enron rigging energy markets. Now the sights are set on JP Morgan Chase, where the¬†Wall Street Journal reported on Wednesday, “JP Morgan, Energy Regulator Near Record Settlement.” Record settlement, really? The number bandied about is $1 billion, or one sixth of the…
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