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Keynote Address Of CFTC Commissioner Dawn D. Stump: Back To The Future – The Year 1999

Keynote Address Of CFTC Commissioner Dawn D. Stump: Back To The Future – The Year 1999
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More lies we live by: How exactly did America come to love billionaires so much?

More lies we live by: How exactly did America come to love billionaires so much?
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Media Heresy: Bill Clinton Helped Cause 2008 Financial Crisis

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In the past 20 months, liberal media members have routinely blamed 2008 s financial crisis on George W. Bush, Republicans, Wall Street, and greed.
Someone that has hardly ever been accused of having a hand in what led to the tumult is former President Bill Clinton.
As NewsBusters has been reporting almost since the crash began, it was Clinton who signed into law two key bills the Financial Services Modernization Act of 1999 and the Commodity Futures Modernization Act of 2000 that ushered in the malfeasance that almost toppled the world economy.
On Saturday, a former editorial page editor for the Wall Street Journal, George Melloan, made the connection even stronger as he pointed a finger at someone most in the media have shamelessly given a pass for his involvement in this crisis (h/t @RLMcMahon): ....

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RBI issues draft guidelines for derivatives trading in credit default swaps

Read more about RBI issues draft guidelines for derivatives trading in credit default swaps on Business Standard. RBI on Tuesday came out with the draft guidelines for allowing derivatives trading in the credit default swaps (CDS) in over-the-counter (OTC) markets and on recognised stock exchanges in the country ....

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The Finance 202: U.S. wealth just hit a new record, even as more people steal in order to eat

The Finance 202: U.S. wealth just hit a new record, even as more people steal in order to eat
Tory Newmyer
with Brent D. Griffiths
Americans collectively are richer than ever and getting more so. That fact would come as a surprise to tens of millions, including those who now have to steal to eat.
But the bottom line for the total household net worth in the United States continues to swell: It rose 3.2 percent in the third quarter to $123.5 trillion, a Federal Reserve report showed Thursday. The surging stock market accounted for most of the gain, padding overall wealth by $2.8 trillion over the three-month period. Rising real estate values and increased savings contributed, too. ....

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