16.10.2012 - Are commodity trading firms too big to fail?

In response to Bank of Canada Deputy Governor Timothy Lane's speech about the systemic importance of major global commodity trading firms (GCTFs), the FT's Javier Blas asks: "Has Glencore become 'too big to fail'?" And I answer: Hell no. I will write much more on this subject- much more- when a few things clear. For now, a few of my reasons:..............................................Full Article: Source

Print