Did Wall Street Banks Create the Oil Crash?

http://wallstreetonparade.com/2016/01/did-wall-street-banks-create-the-oil-crash/

They’re still playing big games.

Wall Street mega banks are able to leverage their oil trades in the futures market by a factor of 95 to 1 or greater. Typically, margin of 5 percent or less is required of large oil speculators on the major commodity futures exchanges. If you know the direction of prices, you can make a killing using very little of your own firm’s capital. And if you also own the physical commodities, you can call yourself a bona fide hedger and avoid rules meant to rein in risky or manipulative trading.”

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