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Robert Fornaro, the chief executive of AirTran Airways, said the "rampant and unregulated speculation in commodities" had created a "casino-like atmosphere for the end user".
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But news about Cipro has been dominated by coverage of shortages, unregulated Internet sales, speculation about Bayer's profits and the company's efforts to protect its patent.
Rampant, unregulated Wall Street speculation by taxpayer-backed too-dangerous-to-fail megabanks must not be allowed to wreck another market and inflict more pain on Main Street.
Yet the millionaire Walter Arensberg supported Duchamp, a gesture that was a harbinger of the coziness that would develop between art and money, fueled in part by the possibilities of speculation in the unregulated art market.
"In 2000, the Commodity Futures Modernization Act deregulated commodities markets... providing loopholes for speculation through completely unregulated shadow markets".
This is done through cut-outs, phony foundations, numbered accounts, intelligence proprietaries, leveraged currency speculation through proxies in unregulated hedge funds and a hundred other financial devices.
This multitrillion-dollar market in largely unregulated derivatives was at the heart of the speculation that inflated the bubble, amplified the bust and led to the bailouts.
The lion's share of that speculation is taking place in an unregulated, multitrillion-dollar dark market that was born in 2000, when Congress passed the CFMA.
But because the markets in which they trade are largely unregulated, derivatives can too easily become tools for dangerous risk-taking, vast speculation and dodgy accounting.
While there is much speculation over the predominant reasons for the food loss — from unregulated expiration dating to a cultural distaste for aesthetically displeasing fruits and vegetables — one of the most telling aspects of the report is that there is not enough data to make a firm determination.
Unregulated derivatives?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com