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Operations Of Nation's Commodities Exchanges Scrutinized
The spring and summer scrutiny focus centers on the dozens of U S commodity exchanges, with hearings on price manipulation and reporting, the role of speculators, and the power of the CEA. A Chicago futures example explains hedging versus speculation and the basis concept amid high soybeans and wheat prices. A Detroit fire suit awards $2.75 million to a captain burned at Ford Rouge Plant in 1971.
MENTIONED IN THIS ARTICLE
Brian B. King
Associated Press
Washington
Capitol Hill
Justice Department
Commodity Exchange Authority
CEA
Chicago
Detroit
Dearborn
Ford Motor Co
Peter Gherardini
Ford
Rouge
Leonard Jacques