The Derivative Project

naked credit default swaps

CFTC/SEC Protect Our Economy: Ban Payouts on Technical Defaults on Naked Credit Default Swaps Today

The appearance of conflict of interest is conflict of interest.  One does not know if Tea Partiers, such as Minnesota Congresswoman Michele Bachmann (R-MN), stating yesterday at the National Press Club, that she would never vote to raise the debt ceiling is aware that her stance could provide some billions…

Why is Republican Witness Testimony Conflicting with The Facts?

Once again, it appears it is all how you spin it.  A core argument of the Republican lead Testimony scheduled for this afternoon’s public hearing is the threat that Dodd Frank is too restrictive, which will create regulatory arbitrage and business will leave the U.S. IMF Queries Derivatives Reform Effectiveness…