All shook up


What a difference a year makes. In 2008, the Risk commodity rankings, like every one of the 13 previous surveys, was dominated by Goldman Sachs, which consistently placed first or second. While its status as king of commodities has often been successfully challenged by Morgan Stanley, its top-two position never seemed threatened.

Just 12 months later, however, an extraordinary year of credit writedowns, record commodity price volatility, the demise of investment banks and a global slowdown has

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