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BY LINA KHAN In July, the public learned that Goldman Sachs and several other large banks have morphed into giant merchants of physical goods, routinely shipping oil, running power plants, and amassing stocks of metals so large that Coca Cola accused them of hoarding. It was a disconcerting moment, as regulators realized that firms so recently known for their explosive mortgage-backed securities also deal in goods that can literally explode. These activities mean that banks supplying credit to Read More ...]]> 1904 https://competitivemarkets.com/obamas-game-of-chicken/ https://competitivemarkets.com/obamas-game-of-chicken/#comments Tue, 27 Nov 2012 20:25:10 +0000 http://www.competitivemarkets.com/?p=1178

The untold story of how the administration tried to stand up to big agricultural companies on behalf of independent farmers, and lost. By Lina Khan | Print (PDF) In May 2010, Garry Staples left his chicken farm in Steele, Alabama, to take part in a historic hearing in Normal, an hour and a half away. The decision to go wasn’t easy. The big processing companies that farmers rely on for their livelihood had made it known that even Read More ...]]> https://competitivemarkets.com/obamas-game-of-chicken/feed/ 1 1178