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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (425760)10/14/2008 6:05:49 AM
From: Road Walker  Read Replies (1) | Respond to of 1574662
 
Good article...



To: bentway who wrote (425760)10/14/2008 8:12:21 AM
From: steve harris  Respond to of 1574662
 
The trouble started in 2000, when the Commodity Futures Modernization Act explicitly banned the regulation of these sorts of contracts. Funny things started to happen; people took out CDS contracts on bonds they didn’t hold.

Commodity Futures Modernization Act

lol

Passed by congress and signed into law by Bubba in 2000....

Good article right John?