“A Goldman spokesman said the [recent report claiming commodities trading from Goldman Sachs activities have led to increased food prices, food riots, and poverty around the world] was ‘horribly misleading,’ while the profit estimates were ‘ludicrously overstated.’ The bank cited research from international bodies that showed a range of factors have ‘created a backdrop for global food shortages.’ The bank also dismissed the claims about the bank’s lobbying tactics as ‘disingenuous and downright misleading.’” Okay, so we’re not quite back at “chimera produced by a febrile mind” levels, but, baby steps. [Telegraph UK]
