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Energy Markets Insufficiently Regulated

Daily Brief

by Liz Gunnison, Jeffrey Cane, Mark Stein, Laura Rich and Megan Barnett
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Jun 25 2007 12:00am EDT

Energy Markets: Insufficiently Regulated

Markets don't always need to be tightly regulated. But when traders at hedge funds can make billions of dollars essentially by artificially increasing the energy bills of the rest of us, there's a strong case that regulators should step in.

Felix Salmon's reasoning can be found at his full Market Movers blog post here.

Laura Rich is a co-founder of Recessionwire, which provides news, advice, perspective and humor about the recession and the recovery.

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