Tag Archives: Commodity Prices

Blatant Distortion and Manipulation of Oil Prices Laid Bare

By RayLearsy | Published August 26, 2013

Friday was a red letter day for the oil producers. In the space of three hours, from 9:00 a.m. to noon, the price of West Texas Intermediate (WTI) crude oil as traded on the New York Mercantile Exchange leapt from $104.30/barrel to $106.94/bbl., finally closing the day at $106.42/bbl. A staggering range for a commodity…
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Also tagged Business News, CNBC, Commodity Exchanges, Department Of Justice, Energy Department, Federal Energy Regulatory Commission, Federal Trade Commission, Gas & Oil, Pdvsa, Saudi Aramco, Strategic Petroleum Reserve | Tagged Business News, CNBC, Commodity Exchanges, Commodity Prices, Department Of Justice, Energy Department, Federal Energy Regulatory Commission, Federal Trade Commission, Gas & Oil, Pdvsa, Saudi Aramco, Strategic Petroleum Reserve | Leave a comment

JPMorgan Chase’s Culture as Economic Parasite

By RayLearsy | Published August 22, 2013

As featured on The Huffington Post: The culture of what we expect from banks is not overly complex. They are institutions meant to safeguard our deposits and are meant to anchor and enhance our economy by lending to viable businesses, finance trade and receivables, finance business expansion, help people purchase their homes, and where their…
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Also tagged Barack Obama, Business News, Financial Crisis, Gas & Oil, JPMorgan Chase, Justice Department, Proprietary Trading, RBS Sempra Commodities, Senator Elizabeth Warren | Tagged Barack Obama, Business News, Commodity Prices, Financial Crisis, Gas & Oil, JPMorgan Chase, Justice Department, Proprietary Trading, RBS Sempra Commodities, Senator Elizabeth Warren | Leave a comment