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Derivatives

Shahien Nasiripour

Congressional Committees Quietly Kill Portion Of Derivatives Bill; No One Watching For Systemic Risk

HuffingtonPost.com | Shahien Nasiripour | Posted 10.17.2009 | Business

Read More: President, White House, Bankruptcy, Cftc, Derivatives, Bernanke, House Ag Committee, Federal Reserve, Regulation, Obama, Commodity Futures Trading Commission, Legislation, Aig, Lehman Brothers, Tim Geithner, House Agriculture Committee, Treasury, Ben Bernanke, Bear Stearns, House Bill, Bill, Otc Derivatives, House Financial Services Committee, Business News

Two congressional committees in charge of drafting legislation to regulate derivatives have quietly killed a provision that would allow the Federal Re...

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Reviving the Local Economy With Publicly-Owned Banks

Ellen Brown | Posted 10.17.2009 | Business

Read More: Florida, Deflation, Wall Street, Inflation, Derivatives, Banks, Federal Reserve, Credit Crunch, Bank Bailout, Business News
Ellen Brown

Despite trillions of dollars in bailout money, bank loans fell to their lowest rate since the onset of the Great Depression. Now that the Fed has done all they can, is it time for the states to step in?

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Shahien Nasiripour

Derivatives Reform Weakened By Two Little-Noticed Amendments

HuffingtonPost.com | Shahien Nasiripour | Posted 10.15.2009 | Business

Read More: Judy Biggert, Barney Frank Derivatives, Judy Biggert Derivatives, Derivatives, Derivatives Reform, CFTC Derivatives, Cftc, Business News

Two little-noticed amendments inserted Wednesday into legislation seeking to strengthen regulation of derivatives will allow private industry to conti...

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Jason Linkins

Barney Frank Vows To Sharpen Derivatives Bill

HuffingtonPost.com | Jason Linkins | Posted 10.15.2009 | Business

Read More: Derivatives, Barney Frank, Derivatives Regulation, Aig, Financial Crisis, Dylan Ratigan, Business News

The derivatives reform draft legislation before the House Financial Services Committee, authored by Rep. Barney Frank (D-Mass.), contains significant ...

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Derivatives Lobby Hooks Up With New Dems To Water Down Reform Bill

The Huffington Post | Arthur Delaney | Posted 10.09.2009 | Business

Read More: Derivatives Regulation, Derivatives Bill, New Democrats Derivatives, Lobbyblog, Derivatives Lobbying, Derivatives, Derivatives Lobbyists, Transparency, Business News

Bloomberg News reports Friday morning that the derivatives lobby has put a bug in the ear of the New Democrat Coalition. JPMorgan Chase, Goldman Sach...

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Barkin' Barney Frank: Where's the Bite?

Les Leopold | Posted 10.09.2009 | Business

Read More: Bailout, George Soros, Derivatives, Economic Crisis, Barney Frank, Warren Buffett, Financial Crisis, Congress, Financial Regulation, Business News
Les Leopold

It appears that Barney Frank has been lobbied so hard that he is willing to exempt nearly all derivatives from regulation if they are "used for risk management purposes." Come on, Barney!

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How to Regulate Derivatives: Barry Ritholtz

The Big Picture | Barry Ritholtz | Posted 10.08.2009 | Business

Read More: Phill Gramm, Financial Reform, Derivatives, Barry-Ritholtz, Alan Greenspan, Gary Gensler, Commodity Futures Modernization Act, Cftct, Business News

Any plan that seeks to reverse the unregulated wild west that derivatives have existed in since 2000 must have a simple beginning: Repeal the Commodit...

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Jason Linkins

Bloomberg Reports Derivatives Regulatory Legislation Contains Large Loopholes

HuffingtonPost.com | Jason Linkins | Posted 10.08.2009 | Business

Read More: Credit Derivatives, Regulatory Reform, Derivatives, Financial Regulations, Derivatives Reform, Barney Frank, Business News

Hey kids! Were you holding out hope that someone might do something to robustly regulate the derivatives market that wrought such wrack and ruin to th...

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Top Derivatives Regulator: "We Haven't Filled The Gaps" (VIDEO)

The Huffington Post Investigative Fund | Ben Protess and Lagan Sebert | Posted 11.04.2009 | Business

Read More: Commodities Futures Trading Commission, Derivatives, Office of Thrift Supervision, Sarbanes-Oxley, Gary Gensler, Cftc, Huffington Post Investigative Fund, Business News

Gary Gensler, the top regulator of the commodities markets, sees the U.S. financial system still "vulnerable" to the murky world of privately negotiat...

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Jason Linkins

The New Yorker's Larry Summers Profile: What Was Left Out

HuffingtonPost.com | Jason Linkins | Posted 10.05.2009 | Media

Read More: Unemployment, Derivatives, Larry Summers, Financial Crisis, Ryan Lizza, Felix Salmon, Dean Baker, Media News

One would expect Ryan Lizza's epic New Yorker piece on Larry Summers to be somewhat glossy, but, yeah: you can basically tape this piece to the back of your child's Halloween costume for traffic safety.

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Shahien Nasiripour

Derivatives: Bailed-Out Banks Still Making Billions Off Risky Bets

HuffingtonPost.com | Shahien Nasiripour | Posted 10.01.2009 | Business

Read More: Trading in Derivatives, Goldman Sachs, Wall Street, Banks Derivatives, Economy, Derivatives, Financial Crisis, Business News

Derivatives is one of the dirty words of the financial crisis. Though these often-risky bets were blamed by many for helping fuel the credit crunch an...

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Question for the Fed and G-20: Why Are Our Banks Running Commodity Casinos?

Raymond J. Learsy | Posted 11.25.2009 | Business

Read More: JP Morgan Chase, Fdic, Goldman Sachs, Politics, Citigroup, Morgan Stanley, World, Oil, Federal Reserve, Financial Crisis, Derivatives, G-20, Business News
Raymond J. Learsy

It is sheer madness, after recent history, to permit banks to become commodity traders, especially with our money. In the old days, commodity traders put their own money on the line.

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The Financial Crisis One Year Later: The More Things Change, the More They Stay the Same

Robert Weissman | Posted 11.16.2009 | Business

Read More: Lehman Brothers, Derivatives, Consumer Financial Protection Agency, Too Big to Fail, Financial Crisis, Foreclosure, Executive Compensation, Recession, Business News
Robert Weissman

Perhaps one of the most telling statistics is the number of stand-alone pieces of financial reform legislation passed, one year after the collapse of Lehman Brothers: zero.

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Obama's Missed Moment

Les Leopold | Posted 11.10.2009 | Business

Read More: Financial Crisis, Wall Street, Health Care, Barack Obama, Economic Crisis, Wealthy Tax Cuts, Health Care Speech, Investment Banks, Finance, Derivatives, Business News
Les Leopold

All Barack Obama had to do was to address, and then focus, the anger felt all over America about the incredible rip-off that is called Wall Street.

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Wall Street Now Wants to Profit by Selling "Death Bonds"

Raymond J. Learsy | Posted 11.08.2009 | Business

Read More: Politics, terrorismInsurance Companies, Wall Street, Insurance, Government Agencies, The Observer, Derivatives, 9/11, New York Times, Ernst Welteke, Bundesbank, Terrorism, Business News
Raymond J. Learsy

After leading the economy to the edge of the abyss, a new derivative has been concocted in a perverse quest for big and bigger bucks.

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Wall Street Lobby Fights Against Derivatives Overhaul

bloomberg.com | Christine Harper, Matthew Leising and Shannon Harrington | Posted 10.16.2009 | Business

Read More: JPMorgan Chase, Wall Street Lobby, Derivatives, Over-the-Counter Derivatives, Bank of America, Citigroup, Business News

Aug. 31 (Bloomberg) -- Wall Street is suiting up for a battle to protect one of its richest fiefdoms, the $592 trillion over-the-counter derivatives m...

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Jason Linkins

Re-Remics: Wall Street's Old Bad Ideas Are Back

HuffingtonPost.com | Jason Linkins | Posted 09.27.2009 | Business

Read More: Derivatives, Re-Remics, Financial Crisis, Collateralized Debt Obligations, Wall Street, Business News

Hey kids, remember how once upon a time, a bunch of smarty-pants Wall Street types decided that they could reap a crap-ton of magical treasure by repa...

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Jason Linkins

The Collected Works Of Benjamin Bernanke

HuffingtonPost.com | Jason Linkins | Posted 09.25.2009 | Business

Read More: Subprime Mortgages, Economic Crisis, Derivatives, Subprime Mortgage Crisis, Ben-Bernanke-Reappointment, Ben Bernanke Federal Reserve, Federal Reserve, Financial Crisis, Ben Bernanke, Barack Obama, Business News

Federal Reserve Chairman Benjamin Bernanke...ecce homo! The man is so hugely qualified that it was essential for Obama to break off his vacation on i...

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Obama Proposes New Derivatives Rules

AP | MARCY GORDON | Posted 09.11.2009 | Business

Read More: Derivatives, Over-the-Counter Derivatives, Credit Default Swaps, Commidity Futures Trading Commission, Securities Exchange Commission, Gary Gensler, Business News

WASHINGTON — The Obama administration on Tuesday sent Congress legislation seeking to impose broad new oversight on derivatives, the complex fin...

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Berkshire Hathaway's 2Q Profit Up 14% On Derivatives Gains

AP | JOSH FUNK | Posted 09.10.2009 | Business

Read More: Derivatives, Warren Buffett, Berkshire Hathaway, Berkshire Hathaway Earnings, Business News

OMAHA, Neb. — Warren Buffett's company on Friday reported a 14 percent jump in second-quarter profit as the improving stock market boosted the v...

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Remember That Whole Thing About Fixing Our Financial System?

Arianna Huffington | Posted 09.06.2009 | Business

Read More: Bailout Outrage, Elizabeth Warren, Wall Street Bailout, Derivatives, Credit Rating Agencies, Larry Summers, Reform, Bank Bonuses, Ron Paul Fed, Bailout, Wall Street, Consumer Financial Protection Agency, Fed Transparency Issues, Regulatory Reform, Timothy Geithner, Cfpa Obama, Executive Compensation, Wall Street Bonuses, Fed Audit, Financial Regulation, Business News
Arianna Huffington

"Everybody understands," Geithner said on This Week, "that we cannot have our financial system go back to the practices that brought this economy to the brink of collapse." The problem is, it already has.

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Derivatives Regulation: Credit Default Swaps Are Targeted In New Bill

Reuters | Rachelle Younglai and Charles Abbott | Posted 08.27.2009 | Business

Read More: Aig, Derivatives, House Agriculture Committee Derivatives Market, Credit Default Swaps, Naked Default Swaps, Business News

WASHINGTON (Reuters) - Congress will consider steps to curb speculation in the $39 trillion credit default swaps market and could prohibit investors f...

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Too Little, Too Late For Derivatives Oversight

Jill Keto | Posted 08.17.2009 | Business

Read More: Investing, Cdo, Economics, Stocks, Economy, Derivatives, Otc, Personal Finance, Credit Default Swaps, Recession, Business News
Jill Keto

Derivatives are a problem of breathtaking scale that cannot be cleaned up with a quick government fix.

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Jason Linkins

Brooksley Born Named To Financial Crisis Inquiry Commission

HuffingtonPost.com | Jason Linkins | Posted 08.16.2009 | Business

Read More: Matt Taibbi, Nancy Pelosi, Derivatives, Financial Crisis Inquiry Commission, Economic Crisis, Financial Crisis, Brooksley Born, Business News

I generally don't think much of high-powered congressional commissions, seeing as they typically exist as busy work done after a disaster to offset th...

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DOJ Launches Broad Investigation Into Derivatives Market

nytimes.com | ERIC DASH | Posted 08.15.2009 | Business

Read More: Aig, Credit Derivatives, Credot Default Swaps, Markit, Doj, Derivatives, American International Group, Business News

The Justice Department is investigating the role of several major companies in the credit markets, in another indication that the government is intens...

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