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In government-created market, Wall Street wins

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When you drag commerce into the arena of government, it's always a home game for the big guys. When Congress created an ethanol mandate in 2005 and expanded it in 2007, this was widely, and correctly, derided as a political gift to the ethanol industry. But it's worth noting that big Wall Street players were also pushing for the ethanol mandate. In fact, Goldman Sachs lobbyist Mark Patterson...

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