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CHICAGO - President-elect Barack Obama has chosen three veteran financial regulators to serve the country as it faces unrelenting turmoil in financial markets and the broader economy. ...more
December 18, 2008
Federal regulators said Thursday after a lengthy review that they could not determine how much speculators have influenced commodity prices, especially the run-up earlier this year in oil prices. ...more
September 12, 2008
A federal court ordered the former president and founder of a hedge fund to pay nearly $300 million for defrauding clients. ...more
August 20, 2008
Commodity regulators in Washington have accused a Dutch trading company of making roughly $1 million in illegal profits by manipulating the prices of crude oil, heating oil and gasoline over an 11-day period last year. ...more
July 25, 2008
Hardworking Tampa Bay area families are being squeezed by the rising costs of health care, housing, property insurance and, of course, gas prices. Many reformers have been standing up to the White House and urging them for years to change direction and focus on long-term solutions to our energy challenges. Big Oil and their allies in Washington have had a stranglehold over our country's energy policy, and unfortunately families and businesses across America are paying the price. Bipartisan reformers are not giving up, however. ...more
July 4, 2008
The sudden, shocking increase in the price of oil is a market failure that resembles the damaging excesses of the dot-com bubble, Enron scandal and housing meltdown. ...more
June 2, 2008
Next time you face sticker shock at the gas pump over a $4 gallon of gas, check out your pension fund's investments. They may explain much about the surge in oil prices. ...more
May 31, 2008
Federal regulators are six months into a wide-ranging investigation of U.S. oil markets, with a focus on possible price manipulation. ...more
May 30, 2008
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