Goldman Sachs has been subpoenaed by the Commodity Futures Trading Commission amid an ongoing investigation into complaints about inflated metals prices, CNBC reported via Twitter Monday.
Goldman and JPMorgan have said that the allegations are without merit. Glencore has declined to comment. Goldman Sachs, JPMorgan
As poor as he was, Vincent van Gogh didn't use 10 percent less paint on his canvases to save money, and Michelangelo didn't substitute quartz for marble. But the rising price of copper, the main component of bronze, has forced more and more sculptors to economize.