The Derivative Project

On Wisconsin! On Wisconsin! 1909 Lyrics Mean So Much Today

What is Really Pushing Governor Walker, When Wisconsin’s Public Pension is one of the Healthiest in the Nation? …a Post about Derivatives, Wall Street’s Behind the Scenes Push for More 401K’s and Neural Linguistics About 7 years ago, my  West Coast brother-in-law introduced me to the writings of George Lakoff,…

A Potential Prize for Wall Street if Wisconsin Governor Walker Succeeds in Ending Collective Bargaining

Old Pensions, Private and Public, are Expensive – Target Date Funds with No Liability for Poor Performance, Provide Wall Street an Exceedingly Large, Profitable Income Stream   Governor Walker, if he can end collective bargaining for Wisconsin’s public employees, will be free to negotiate alternative pension arrangements, without input from…

First Minnesotan Betsy Jensen, Now Our Dairy Farmers: End Users, Don’t Be Manipulated Any More By Derivative Dealers

Congress:  The Charade of “What is Best for End Users” Is Over December 12, 2010, The Derivative Project presented Congress and Mr. Gensler a “to-do” list for reforming OTC Derivatives and meeting end users’ hedging needs.  Congress, it is time for serious debate on this alternative. Taxpayers deserve no less…

Congressman Peterson Speaks This Morning On End Users and Derivatives Transparency

The House Agriculture Committee held a hearing this morning on: Hearing to Review Implementation of Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act Here is Ranking Committee Member, Congressman Collin Peterson’s opening statement, from this Hearing this morning, that touches on the now-recognized issue of end…

Disclosure of OTC Derivatives Fees Could “Cause A Second Financial Crisis” says a major Derivatives Bank

Custom OTC derivatives are a gold mine for the major derivative players.  The Financial Times reported yesterday Deutsche Bank is being sued by a German end user over excessive fees in an interest rate swap transaction. In the FT article, linked to above, FT reported: “Deutsche Bank may have acted improperly…

Attention House Financial Services: What Hasn’t Been Highlighted for You In the FCIC Report?

Page 350 of the Financial Crisis Inquiry Report, published January 2011 states: “On Tuesday morning, the Fed put a number on the table:  it would loan $85 billion so that AIG could meet its immediate obligations….”   “The Fed stated a “disorderly failure of AIG could add to already significant…