Coors urges Feds to crack down on Bank's aluminum manipulations

Paul Pollets

Per my post regarding banks manipulating metal commodity pricing in aluminum and copper, Coors has asked the Feds for oversight to prevent market manipulation of commodities:



<a href="http://www.huffingtonpost.com/2013/07/22/millercoors-federal-reserve-aluminum_n_3636764.html?utm_source=DailyBrief&utm_campaign=072313&utm_medium=email&utm_content=FeatureTitle">http://www.huffingtonpost.com/2013/07/22/millercoors-federal-reserve-aluminum_n_3636764.html?utm_source=DailyBrief&utm_campaign=072313&utm_medium=email&utm_content=FeatureTitle</a>



These banks will be able to control the price of commodities by controlling major stocks of metals.

BobC

Regulations

should be exactly what they were after FDR enacted reform to PREVENT another run on the banks. The banks won't like that because current rules give them a license to steel and they are more than willing to fleece all of us. Congress is willing to let the bankers take anything they want because they are all in the bankers pockets.



Bankers and lawyers (remember almost all congressmen are lawyers) at the bottom of a tall cliff would be a good start.



Bob