Downsizing of finance underway | WHAT REALLY HAPPENED


Downsizing of finance underway

A committee led by Gerald Corrigan, former vice chairman of the Federal Reserve Bank of New York, produced a report that promises to revolutionize finance. It proposes to place severe limits on derivatives, bringing them under the ambit of regulators and protecting retail investors from their more egregious products.

Webmaster's Commentary: 

What about the derivatives that are already out there?

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA