NewsWhore
04-24-2009, 01:20 AM
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Swaps Man Who Knew Too Much Fights to Salvage World He Lost (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601100%26sid%3DaAqPKpl2zjkg%26refer%3Dgermany&cid=0&ei=2E3xSZyrGpzYMNiZ_McE&usg=AFQjCNERGm-nnr9WxQCIxraN9MSlSJ7g9g)
Bloomberg
The development of credit derivatives from interest-rate and currency swaps was “a horrible mistake” that “exponentially increased systemic risk,” said Whalen. Without regulation of these over-the-counter markets, excess was inevitable, said Michael ...
More... (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601100%26sid%3DaAqPKpl2zjkg%26refer%3Dgermany&cid=0&ei=2E3xSZyrGpzYMNiZ_McE&usg=AFQjCNERGm-nnr9WxQCIxraN9MSlSJ7g9g)
Swaps Man Who Knew Too Much Fights to Salvage World He Lost (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601100%26sid%3DaAqPKpl2zjkg%26refer%3Dgermany&cid=0&ei=2E3xSZyrGpzYMNiZ_McE&usg=AFQjCNERGm-nnr9WxQCIxraN9MSlSJ7g9g)
Bloomberg
The development of credit derivatives from interest-rate and currency swaps was “a horrible mistake” that “exponentially increased systemic risk,” said Whalen. Without regulation of these over-the-counter markets, excess was inevitable, said Michael ...
More... (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601100%26sid%3DaAqPKpl2zjkg%26refer%3Dgermany&cid=0&ei=2E3xSZyrGpzYMNiZ_McE&usg=AFQjCNERGm-nnr9WxQCIxraN9MSlSJ7g9g)