Dedicated to following key news issues that are important to everyone.
Thursday, December 30, 2010
"Derivatives Clearing Group Decides Against Registration"
The world's biggest semi-secret scandal. When the derivatives bubble pops, you will see an implosion that you can hardly imagine. There will be no bailout big enough to slow down that calamitous fall. A small excerpt for analysis and commentary, "The world’s largest clearinghouse for credit-default swaps, ICE Trust, has had second thoughts about registering with regulators, citing concerns over new rules devised to bring transparency to the $600 trillion derivatives market." Repeat...$600 Trillion
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Please do not curse or I may be forced to remove your comments. Keep it civil and all will be well, thanks!