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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: steve susko who wrote (19023)3/22/1999 4:09:00 PM
From: Chip McVickar  Read Replies (1) of 44573
 
Greenspan is worried about the derivatives exposure of less then knowledgeable
traders in Insurance companies and Banks...

Rightly soooooo.....they both have tremendous exposure and unlimited
risk if markets turn rapidly away from their positions. He does not want
regulation of derivatives trading.....

He wanys accountability and regulators to change the way they assess risk.
Chip
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