The Derivative Project

Democracy is Threatened

Labor Day and The Significance, to the 2012 Election Debates, of Last Friday’s Federal Suit Against the Banks

“When the American people come to understand what Wall Street did to them, they will be so angry”.                —Congressman Collin Peterson, (D-MN) February 2009 The American people have yet to be told the truth about the 2008 financial crisis. In early February 2009,…

Congresswoman Bachmann’s Office Will Take the Next Step

The Derivative Project has received confirmation from Congresswoman Bachmann’s staff at a meeting at Representative Bachmann’s office in Washington D. C. on May 16th, that her office will present The Derivative Project’s request for an “investigation” into the misuse of taxpayer dollars for collateral call payments on speculative contracts (see The Derivative…

Why the Sokol “Affair” is the Game Changer in Dodd Frank Derivatives Regulation

The Simple Story,  on how these markets use to operate, when societal needs in capital markets were placed above personal greed. In the “olden days” Wall Street actually talked about banks’ societal and capital role. The Simple Story was a speech given in February 2010 to a group of women…

What Happened to Congressional Representation of the Individual Taxpayer?

Here are some highlights of today’s House Financial Services Oversight Committee. Panel 1 Nothing significant was discussed in Panel I, other than to reinforce the Republican concept that Dodd Frank will crush innovation and create a waste of taxpayer dollars on regulatory expenses.  The entire focus was on protection of…

“Lavish” Teacher Salaries, IRR’s and Regulatory Arbitrage

Last Week:  The European Union Banned Naked Credit Default Swaps and Moved Towards A Speculation Tax, While The U.S. Focused on “Lavish” Teacher Salaries March 7, 2011 the European Union made it official, naked credit default swaps are banned, unless one is selling against a “proxy” portfolio. Here is the…

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…