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.
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Fury is mounting over Goldman Sachs CEO Lloyd Blankfein's comment that's he's just a banker "doing God's work" and the ongoing risk that "too big to fail" firms like Goldman Sachs pose to the economy.
In an earlier post, I ended by paraphrasing Lenin, "Wall Street will sell us the rope to hang American Capitalism." Well, in Citigroup we have created the perfect "Grim Reaper."
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