NPR Should banks be banned from derivitives?
Robert Mahnke
rpmahnke at gmail.com
Tue Nov 29 19:18:59 CST 2011
http://tickerforum.org/cgi-ticker/akcs-www?post=99680
On Tue, Nov 29, 2011 at 4:56 PM, alice wellintown <alicewellintown at gmail.com
> wrote:
> A simple, but useful introduction. The spin, derivitives are evil, is
> nonsense. We can't function without them. The question is what
> institutions should be permitted to use them and in what capacity,
> not, how are the banks using taxpayer dollars to make billions by
> trading derivitives. The banks are doing what makes sense. The Fed
> needn't give them the money, but ti does because it helps all of us
> and without it we would have the meltdown so many not so smart
> prognosticators are calling for. Again, if you outlaw derivitives be
> prepared to have a lower standard of living. Who me? In America? Yes,
> buddy, you!
>
> http://www.npr.org/templates/story/story.php?storyId=126809879
>
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