Reuters is reporting that now JPMorgan-Chase joined Goldman-Sachs in artificially inflating aluminum prices by, quite literally, making the delivery trucks drive around in circles to increase shipping costs.
Also charged in the lawsuit is Glencore Xstrata, which is diversifying from controlling half the internationally tradeable copper in the world and 60% of the world’s tradeable zinc (penny for your thoughts on that?) to join in this massive canned bads drive.
As usual, the best reporting on this story is by The Daily Show:
