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London Metal Exchange

Shahien Nasiripour

Wall Street May Win As Federal Reserve Prepares To Punt On Physical Commodities

HuffingtonPost.com | Shahien Nasiripour | Posted 01.25.2014 | Politics

Big banks are poised to reap a significant victory in their fight to maintain lucrative businesses hoarding, selling and trading physical commodities ...

JPMorgan Exits Physical Commodity Trading

Raymond J. Learsy | Posted 09.28.2013 | Business
Raymond J. Learsy

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.

Shahien Nasiripour

Metal Market Mayhem: Brewers Blast Banks

HuffingtonPost.com | Shahien Nasiripour | Posted 07.17.2013 | Politics

WASHINGTON -- A loose coalition of beer brewers, automakers, Boeing and Coca-Cola is accusing big banks, including Goldman Sachs and JPMorgan Chase, o...

Jackson Avenue Heats Up Near The Port Of New Orleans

Susan Buchanan | Posted 07.19.2013 | Business
Susan Buchanan

(This article is published in "The Louisiana Weekly" in the May 20, 2013 edition.) New Orleans resident Barbara Risin has lived in the first block ...

Jamie Dimon's Malign Influence On The Culture Of American Banking

Raymond J. Learsy | Posted 09.12.2012 | Business
Raymond J. Learsy

Prop trading and gambling with depositors money, together with the housing debacle, has focused the anger of the American people on Wall Street. Dimon has made himself the standout of both excesses and has used his position and the resources of his bank to exacerbate both.

The Jamie Dimon 'Puppet Show'

Raymond J. Learsy | Posted 08.14.2012 | Business
Raymond J. Learsy

Words like "too cozy" and "ridiculous" were among the adjectives applied to the testimony of Jamie Dimon before yesterday's Senate Banking Committee Hearing. It is one example of the frustration felt by those who wanted answers to hard questions.

The Wall Street Journal's Convoluted Whitewash of Jamie Dimon

Raymond J. Learsy | Posted 07.14.2012 | Business
Raymond J. Learsy

Today, one of the most convoluted, opaque editorials that the Wall Street Journal has been able to muster opened with the following hosanna to Jamie Dimon, and slap on the wrist to those in government and elsewhere who now feel that Dimon's aggressive prop trading policies have finally come home to roost.

Big Banks Find Ways Around New Metal Warehouse Rules

Reuters | Posted 04.07.2012 | Business

* Goldman, Glencore plan to hike warehouse rents by 10 percent * Rent rises coincide with LME rules for higher minimum load-out rates...

J.P. Morgan Chase Banks on Buying Into the Casino

Raymond J. Learsy | Posted 01.25.2012 | Business
Raymond J. Learsy

J.P. Morgan Chase is buying a stake from MF Global in the London Metals Exchange that will make it the largest single share holder ahead of guess who? Right, Goldman Sachs!

Goldman's Unlikely Money Maker: Warehouses

Posted 09.27.2011 | Business

(Pratima Desai, Clare Baldwin, Susan Thomas and Melanie Burton) - In a rundown patch of Detroit, enclosed by a cyclone fence and barbed wire, stan...

Coca-Cola Accuses Goldman Sachs Of Manipulating Metal Prices: WSJ

The Huffington Post | James Sunshine | Posted 08.20.2011 | Business

Goldman Sachs, the fifth-largest U.S. bank by assets, has been accused of manipulating the metals market, leading to artificially high prices, the Wal...

It's All About The Money: Jamie Dimon's Big Pay Hike and the Home Foreclosures of Our Servicemen

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Enterprise reputation and its mandate to being responsible tillers of the business soil doesn't come into play in this day and age. Sadly more than ever before, it's all about the money.

One Buyer Owns More Than 90 Percent Of Copper Stocks On London Exchange

Posted 05.25.2011 | Business

LONDON (By Michael Taylor and Pratima Desai) - U.S. investment bank JPMorgan said it does not hold more than 90 percent of copper stock warrants in Lo...