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View Full Version : Fed Seeks End to Wall Street Lock Over OTC Derivatives Market - Bloomberg



NewsWhore
05-06-2009, 12:40 AM
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Fed Seeks End to Wall Street Lock Over OTC Derivatives Market (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaUW.4kD1Gc4M%26refer%3Dhome&cid=0&ei=sBYBSuiFCsyp_ga63pmACA&usg=AFQjCNGUIKEH2DkYFEuXmfL6-yQahVE4JQ)
Bloomberg - Matthew Leising (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Matthew Leising%22&hl=en&ned=us&ie=ISO-8859-1)
Derivatives are contracts whose values are tied to assets including stocks, bonds, commodities and currencies, or events such as changes in interest rates or the weather. The US government and the Fed have spent, lent or committed $12.8 trillion to ...


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