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Why is it strange that investment banks trade commodities? I don't doubt they had some pig belly futures that soured. Trouble is, those bellies need to be deliv
by mynameishere 18y ago
Why is it strange that investment banks trade commodities? I don't doubt they had some pig belly futures that soured. Trouble is, those bellies need to be delivered.
- gaius 18y agoWell that's my point. A commodities trader could reasonably be expected to trade in any raw material. There's nothing even remotely controversial about Lehman's owning some uranium ore.
- mynameishere 18y agoEverybody's acting like it's strange. Is it possible everyone is being sarcastic? Everyone on the internet?