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<p>[QUOTE="Yankee, post: 649886, member: 18618"]<b>Goldman Sachs Group Inc.</b> (NYSE: GS) representatives are yesterday (Tuesday) defended their commodities trading business on Capitol Hill, where regulators may set limits on speculators in the sector. The Commodity Futures Trading Commission (CFTC) said that the energy trading community may have played a major role in the volatility of energy prices over the last few years, and may need to expand its oversight of the practice. "The American people are tired of excessive speculation and bubble economies caused by Wall Street greed," Senator Bernard Sanders, an independent from Vermont, said at the hearing, according to <i><b>The New York Times</b></i>. "They are tired of hedge fund managers and firms like Goldman Sachs making a fortune betting that the subprime mortgage market will continue to get worse or that more companies will go bankrupt."[/QUOTE]</p><p><br /></p>
[QUOTE="Yankee, post: 649886, member: 18618"][B]Goldman Sachs Group Inc.[/B] (NYSE: GS) representatives are yesterday (Tuesday) defended their commodities trading business on Capitol Hill, where regulators may set limits on speculators in the sector. The Commodity Futures Trading Commission (CFTC) said that the energy trading community may have played a major role in the volatility of energy prices over the last few years, and may need to expand its oversight of the practice. "The American people are tired of excessive speculation and bubble economies caused by Wall Street greed," Senator Bernard Sanders, an independent from Vermont, said at the hearing, according to [I][B]The New York Times[/B][/I]. "They are tired of hedge fund managers and firms like Goldman Sachs making a fortune betting that the subprime mortgage market will continue to get worse or that more companies will go bankrupt."[/QUOTE]
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