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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: lorne who wrote (34287)5/20/1999 5:54:00 PM
From: John Hunt  Read Replies (1) | Respond to of 116764
 
Merrill Lynch Charged in Copper Case

<< Federal regulators today charged Merrill Lynch & Co. with allegedly helping a commodities firm to manipulate the world copper market and artificially force prices higher in late 1995.

Geoffrey Aronow, the enforcement director for the U.S. Commodity Futures Trading Commission, said today's action capped a three-year investigation of ''one of the most serious worldwide manipulations'' of a commodity in 25 years... cont'd ... >>

biz.yahoo.com

Another article on the copper manipulation that Richard posted earlier.

Hi Lorne

<< These prosecutions demonstrate that we will not allow international cartels to prey on American consumers in our globalized economy," Reno told a news conference. >>

Will be fascinating to see if GATA can get Janet Reno interested in investigating possible gold price manipulation ... That could really break things loose in a hurry.

John