Sentence examples for commodity trades from inspiring English sources

Exact(12)

NEW LIMITS ON COMMODITY TRADES "A divided Commodity Futures Trading Commission has rebuffed a request from Wall Street to delay new restrictions on speculative commodities trading," Ben Protess reports.

The insurers claimed they were tricked into backing disguised loans between the bank and Enron that looked like commodity trades.

At the time, there were news reports about Merrill Lynch pretending to buy Nigerian barges from Enron, JPMorgan Chase dressing up its loans to Enron as commodity trades and Citigroup disguising Enron debt as profits from Treasury-bill swaps.

Such transactions between the banks and Enron -- including Roosevelt, Mahonia and Delta -- were structured to have all the appearance of commodity trades, but ultimately served the same purpose as a loan.

J. P. Morgan Chase supposedly packaged Enron debt as "credit derivatives" and sold it off to investors, and it also helped devise Enron's questionable "prepays" -- that is, loans disguised as commodity trades intended to make the company's huge debt look more manageable.

In a separate development, the federal judge overseeing the Enron bankruptcy case in New York gave the company permission to begin unwinding thousands of energy and commodity trades, a process that may generate billions of dollars to help pay its creditors, according to Bloomberg News.

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Similar(48)

Mr. Resnick is head of commodity trading.

I'm in the commodity trade scene".

Commodity trade, the international trade in primary goods.

O'Neal also invested more money in commodity trading.

He works from Weston as an independent commodity trading adviser.

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