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Naked Credit Default Swaps

Time for Fairness to Replace Recklessness on Wall Street

Rep. Tulsi Gabbard | Posted 08.08.2012 | Politics
Rep. Tulsi Gabbard

If I'm elected to represent Hawaii's Second Congressional District, I promise to support comprehensive banking reform that prevents banks from becoming too big and too precarious to ever again endanger our livelihoods as they did in 2008, and as they continue to do today.

Financial Reform: It's the Derivatives, Stupid!

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Wall Streeters who get millions in bonuses to know better are still trading in derivatives. Nothing is preventing another financial collapse, when Wall Street will come crying to Washington for a new $700 billion

Naked Credit Default Swaps Need To Be Banned: Wolfgang Munchau

Wolfgang Munchau | Posted 05.25.2011 | Business

I generally do not like to propose bans. But I cannot understand why we are still allowing the trade in credit default swaps without ownership of the ...