Tagged ‘derivatives’
May 13, 2010
In Debate
A Kansas farmers perspective on financial speculation
Chatting with Kansas Farmers Union President Donn Teske this morning, in advance of his appearance with the movie in Lincoln, Nebraska, reminded us recently that the proposed legislation to impose tighter regulation on the banks and Wall Street comes out of the Agriculture Department. Huh? As Slate’s Explainer explains:
Because traders used to gamble with corn. [...]