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(Updated) House Ag committee Dems vote to deregulate derivatives
UPDATE: The Dems voting with the bank and against the taxpayers on HR 992 (described below) are: Pete Gallego (TX-23) Ann Kuster (NH-2) Sean Patrick Maloney (NY-18) Mike McIntyre (NC-07) David Scott...
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Worldwide derivatives market could be over $1.2 quadrillion in notional value
We wrote earlier about the recent move by bankers — and the politicians who serve them — to unreform the derivatives market, to return it to its pre–Dodd-Frank, pre–Crash-of-2007 state. This is a...
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