Manipulation of Gasoline and Oil Markets
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December 23, 2012 - 12:10am
Gasoline & Oil Markets Rigged Far Worse Than Libor
By EconMatters
UBS paid $1.5 Billion for manipulating Libor, and Barclay`s already paid the piper for manipulating the Libor rate. Well, it is about time the CFTC get its act together, and start going after the culprits who rig the oil and gasoline markets costing consumers and businesses a mafia tax by paying prices much higher than the markets should be priced based upon supply and demand fundamentals in the consumption marketplace. Read more »
December 23, 2012 - 12:10am
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