Tag Archives: derivatives

Regulating big money – and skewing the news

The House of Representatives passed “reform” legislation that fails to adequately regulate the derivatives market (though it does provide some consumer protections vis a vis credit card companies.) Why should you care? Derivatives trading is used as a way to get around regulation of the stock market, and includes the risky repackaging of debts and mortgages that led directly to the current economic mess. Continue reading

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