• DERIVATIVES! DERIVATIVES! DERIVATIVES! DERIVATIVES! We’re so pumped to see financial reform finally pass between the House and Senate that “DERIVATIVES!” is kinda like a battle cry for us. Or not. But Christopher Dodd gets his name on the broadest rewrite of financial law since the 1930s, and the deal-brokering has if nothing else, made the bill palatable to some on both sides of the aisle. Congress has given themselves a deadline of today, so some stuff may end up on the cutting-room floor, but it would still be a big victory. Right? Right? DERIVATIVES! source

Posted by Ernie Smith • Permalink