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Goldman Sachs Aluminum Warehouses
smartertimes.com
Slate's Matthew Yglesias has some intelligent criticism of Sunday's front-page New York Times article accusing Goldman Sachs of making aluminum products cost more by moving aluminum around within warehouses that Goldman owns: "The story is entirely missing a clear explanation of why this doesn't just lead someone else to open aluminum warehouses and undercut them." Reuters had a long article two years ago about Goldman's aluminum warehouses. The Reuters work, which tread much similar ground, went entirely unmentioned in the Times story.
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Goldman Sachs Aluminum Warehouses
smartertimes.com
Slate's Matthew Yglesias has some intelligent criticism of Sunday's front-page New York Times article accusing Goldman Sachs of making aluminum products cost more by moving aluminum around within warehouses that Goldman owns: "The story is entirely missing a clear explanation of why this doesn't just lead someone else to open aluminum warehouses and undercut them." Reuters had a long article two years ago about Goldman's aluminum warehouses. The Reuters work, which tread much similar ground, went entirely unmentioned in the Times story.
Read More...
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Matthew Yglesias
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