Sunday, December 12, 2010

CNBC.com Article: A Secretive Banking Elite Rules Trading in Derivatives

CNBC.com Article: A Secretive Banking Elite Rules Trading in Derivatives

In theory, clearinghouses exist to safeguard the integrity of the multitrillion-dollar derivatives market. In practice, they also defend big banks' dominance, the New York Times reports.

Full Story:
http://www.cnbc.com/id/40628316

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