Political Quotes

Tom Coburn: “Our report, which was issued by myself and Senator Coburn last month, concludes that the huge number of wheat futures…”

On the recordJuly 20, 2009
Our report, which was issued by myself and Senator Coburn last month, concludes that the huge number of wheat futures contracts being purchased by derivative dealers selling commodity index instruments have, in the aggregate, constituted excessive speculation in the Chicago wheat market, resulting in unwarranted price changes and an undue burden on commerce.
Said by
Tom Coburn
Republican · Oklahoma

Editor's note · Context

Coburn discusses the findings of a report on excessive speculation in wheat futures.

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