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July 31, 2011

Goldman's new money machine: warehouses

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A warehouse contracted out by Goldman Sachs warehouse subsidiary Metro International Trade Services to hold metals is seen in Detroit in this photo taken July 12, 2011.A spike in aluminum prices has sparked a clash between companies forced to pay more and Goldman Sachs, which is making money by storing the metal in warehouses.


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Source: http://pheedo.msnbc.msn.com/click.phdo?i=bddee5bc7a18eb0e9c2cc56cea4ebf97

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