Derivatives must be tamed
Woven through the tapestry of our modern financial system are derivatives, once thought to be golden, now lost their polish and shine.
And all the King Midasses and all the king’s men couldn’t put confidence back together again – until and unless they resolve the basic issues resulting from their self-created pyramid scheme and stop throwing what amounts to trillions in counterfeit money at it:
http://georgewashington2.blogspot.com/2008/11/how-could-it-be-worse-than-great.html
