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And not least, the United States, as the architect of a system of free trade intended to be immune against the nationalism of the interwar years, needed to ensure that competing economies were saddled with the same social costs that it had incurred under the New Deal.
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Prosecutors contend that Blips artificially generated losses through fake bank loans and through foreign-currency trades intended to look like investments.
For all outward appearances, the transactions were a series of trades intended as protection against possible future rises in the price of natural gas.
Here's an overly simplistic primer, but you'll probably get the idea: The company's chief investment office originally made a series of trades intended to protect the firm from a possible global slowdown.
For example, the total for a $1.7 billion item called "securities/other investments" is reduced by an undisclosed amount of hedges and short positions, which are trades intended to go up in value if the underlying securities go down.
But in a major concession to businesses, many trades intended to hedge risks by companies like airlines, manufacturers and energy interests would be exempt from trading through exchanges or clearinghouses.
The CFTC said that brokers at RP Martin accepted payments of more than $400,000 through what are known as "wash trades" intended to generate commission for the broking firm.
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.
Premium service: No. Account minimum: $5,000 for a stock trading account; other accounts vary depending on what assets are being traded, intended usage and assets held in the account.
American ships were usually stocked with a surplus of trade goods intended for trade on the North West Coast.
To grant the favored trade status, Congress must repeal a cold-war-era trade sanction intended to compel the Soviet Union to allow Jewish and other religious minorities to freely emigrate.
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CEO of Professional Science Editing for Scientists @ prosciediting.com