Posts Tagged ‘Plays’

Regulating derivatives could do more harm than good

Rep. Eric Cantor, R-Va., writes that lawmakers are focusing on an simple target — the derivatives market — rather than identifying and tackling the root causes of the global financial crisis. Cantor, the Republican whip, warns that new regulations being considered by Congress could do irreparable hurt to businesses and consumers. “Rather than the tool for yucky financial manipulation it is described to be, the derivatives market plays a very vital role in solidifying the competitiveness of American businesses,” Cantor writes.more at http://www.investors.com/NewsAndAnalysis/Article.aspx?id=509198

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