No regulation of the derivatives market could work without a strong mandatory clearing mechanism that provides raw data on exposure and use to regulators in policing the markets for misuse and......
Part I:The Ayn Rand twist to the Greenspan plot Some say that derivatives rank right up there with antibiotics and the microprocessor chip as one of the great innovations of the modern era.......
'We view them as time bombs, both, for the parties that deal in them and the economic system. In our view derivatives are financial weapons of mass destruction, carrying dangers that, while now......