Detailed text transcripts for TV channel - MSNBC - 20110325:20:37:00
Involved were those who had physical risk in the market. people who produced oil, people who used it. >> used it to hedge their -- >> correct. and they used the financial instrument to hedge what they were actually using. >> and thats legitimate in your view. its an important tool, one that many of the people who use and produce oil rely upon to be sure of gaining risk management. >> but you were going to finish up. weve got a few seconds left. >> but clearly that has been overrun by people who ...
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