July 2010
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The food bubble:
How Wall Street starved millions and got away with it
Frederick Kaufman is a contributing editor of Harper’s Magazine. His last article for the magazine, “Let Them Eat Cash,” appeared in the June 2009 issue.
The history of food took an ominous turn in 1991, at a time when no one was paying much attention. That was the year Goldman Sachs decided our daily bread might make an excellent investment.
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| SEE ALSO: Agriculture; Commodity exchanges; Commodity futures; Food industry and trade; Food prices; Goldman, Sachs & Co.; Hunger; Speculation; Wheat trade | |||||||||
| Response: September 2010, page 4 · September 2010, page 4 · September 2010, page 5 | |||||||||
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