Simon Johnson: Fear Companies Lurking In Dark Financial Shadows

05/17/2011 12:52 am ET | Updated Jul 16, 2011

On the face of it, Glencore International AG doesn't look too scary. With about $80 billion in assets, the Swiss-based commodities trader is a lightweight in comparison to global megabanks like Goldman Sachs Group Inc. (GS), one of its trading rivals. Goldman has assets more than 10 times Glencore's, is more leveraged and has less capital.

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