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Trucks carrying soybeans wait to be unloaded at Cargill, Thursday, Feb. 26, 2004, in Cedar Rapids, Iowa.
Trucks carrying soybeans wait to be unloaded at Cargill, Thursday, Feb. 26, 2004, in Cedar Rapids, Iowa.
(Bobby Ratliff/AP)

CARL MORTISHED

On commodity trading, banks should mind their own (risky) business

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The big banks are pushing hard to bring rival commodity trading firms into a regulatory net, but it isn’t all working to their advantage. Instead of trying to capture other people’s businesses, they should look to their own.