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Non-Tech : Banks--- Betting on the recovery
WFC 85.05+0.4%Nov 14 9:30 AM EST
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To: David C. Burns who wrote (349)4/8/2009 12:56:11 PM
From: tejek  Read Replies (2) of 1428
 
Derivatives sector answers critics

The financial industry will overhaul how it writes contracts in the credit derivatives world to try to rebuff criticism that the sector could pose a systemic threat.

I think the financial/corp. world is starting to get that people are not going to put up with their rather questionable 'creative' instruments motivated by their greed.
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