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January 2, 2013
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  Industry Developments 
  • Commentary: More white-collar crime is likely
    The proliferation of opportunities in the financial system means it's only a matter of time before another white-collar scandal captures public attention, writes Peter Henning, a professor at Wayne State University Law School. "As the new year comes, white-collar cases will continue to serve up new object lessons of the perils and the pitfalls of the financial system," Henning writes. "Some will come as a result of creative maneuverings by financiers, and some may call into question whether regulators are effectively overseeing the markets." The New York Times (tiered subscription model)/DealBook blog (12/31) LinkedInFacebookTwitterEmail this Story
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  Commodities and Managed Futures 
  • Crude oil ends 2012 down
    Light sweet crude dropped 7.1% on the New York Mercantile Exchange during 2012. "The market's been riding up and down on the ['fiscal cliff']," Chicago brokerage analyst Phil Flynn said Monday, when crude closed up 1%, at $91.82. "When it looks like there's some kind of agreement, we go up." The Wall Street Journal (12/31) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
Birds sing after a storm; why shouldn't people feel as free to delight in whatever remains to them."
--Rose Kennedy,
American philanthropist


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