Tue, Jul 29, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Moves, Trading more

Are giant trading houses too big to fail?

Posted on 10 October 2012

The global financial crisis of 2008-09 made clear that large global banks, such as Goldman Sachs, are just too big to fail. Could a future crisis in the commodities market reveal that trading houses such as Glencore pose a similar problem?
The question of whether these institutions have become so large and embedded in the economy that policymakers cannot let them collapse is critical. The big trading houses underpin global trade in raw materials – buying commodities from producers, transporting them and selling them to consumers. They also play an important role in extending credit to producers, from miners to farmers………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36151 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

July 2014
S M T W T F S
« Jun    
 12345
6789101112
13141516171819
20212223242526
2728293031