Big Banks Have ALREADY Killed Derivatives Reform »

Posted By rumple4skin 7 months ago in Business & Finance

The Obama administration—along with other key authorities like the New York Fed—appears willing to stand back while Wall Street resurrects much of the ultracomplex global trading system that helped lead to the worst financial collapse since the Depression.

Obama has appointed to most of the key economic posts the people most responsible for deregulation in the first place.

Reform has already been defeated.

Read Full Story at washingtonsblog.com »

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rumple4skin

Journalists/reporters must have the right to keep their news sources confidential.

A Broadcast Doctrine law must be initiated to end foreign ownership of broadcast ...

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    engineer7 months ago

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    Banks are one of the main causes for the downfall of the US. They have to be reined in and their leaders prosecuted -- especially if the real estate bubble they caused!!!

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      HOUSEMD7 months ago

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      hedge funds and dirivatives should be outlawed, plain and simple.

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