28.11.2008 - Commodity market competition enters bold new era
From FT: Goldman Sachs and Morgan Stanley have dominated the commodities business for almost two decades, but for the first time their de-facto duopoly is under threat. The credit crunch has forced the two Wall Street banks, which dominate all areas of commodities, from taking clients’ risk and hedging positions to proprietary trading, to adopt a more cautious approach..... Full Article: Source