Oil: Wall Street vs. Main Street
BUSINESSWEEK - Top News July 10, 2008, 10:23PM EST It’s the interests of pension-fund managers against those of waitresses as Congress digs into the controversy surrounding oil speculation by Moira Herbst Are oil speculators just making sure they retire comfortably—or bleeding working Americans? It depends on your perspective. On a day when oil futures prices shot up more than $5 per barrel, to $141.65, a congressional hearing on oil speculation heard from both proponents of unfettered comm
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