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I sing in a choir essay on female genital mutilation EDI meets the test of fiduciary responsibility. "By disintermediating Wall Street, investors can invest again with more predictable returns," adds Fullerton. "Managers can manage the complex long term challenges of their multiple stakeholders, and the economy will be healthier as a result." Let's hope some fund managers see these advantages and give EDI a try.
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During its short peak, JPMorgan's global commodity operationwas considered the largest on Wall Street, supplying crude oilto the biggest refinery on the East Coast and holding enoughelectricity contracts to power Indiana's 2.8 million homes. Itwas one of the 10 largest U.S. natural gas traders.
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