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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: JBTFD who wrote (14151)3/31/2012 4:06:09 PM
From: TimF  Read Replies (1) | Respond to of 85487
 
Once the regulations were removed the financial institutions began gambling

1 - No they where gambling before that.
2 - Even if the sequence did follow that order (and it didn't), "after" doesn't mean because of.

Derivatives truly are weapons of financial mass destruction.

Derivatives have done good as well as harm. More to the point "derivatives" != and aren't the result of "Graham Leech Bliley".