Thursday, November 20, 2014

In Other U.S. Senate News: "Wall Street Bank Involvement With Physical Commodities (Day Two)"

Coincidentally following "Senator Franken's Letter to Uber".

From the Senate's Permanent Committee on Investigations:
Location: Dirksen Senate Office Building

Agenda The Permanent Subcommittee on Investigations has scheduled a two-day hearing, “Wall Street Bank Involvement With Physical Commodities,” on Thursday, November 20 and Friday, November 21, 2014.
After a two-year bipartisan investigation, the subcommittee will hold a hearing examining the extent to which banks and their holding companies own physical commodities like oil, natural gas, aluminum and other industrial metals, as well as own or control businesses like power plants, oil and gas pipelines, and commodity warehouses.
The hearing will begin on both days at 9:30 a.m. in Room 106 of the Dirksen Senate Office Building. A witness list will be available on Monday, November 17, 2014....MORE
Here's the extended press release:
Subcommittee finds Wall Street commodities actions add risk to economy, businesses, consumers
See also the Committee's "REPORT: Wall Street Involvement With Physical Commodities" (403 page PDF)
Wall Street Bank Involvement With Physical Commodities (Day One)