Category Archives: Main Page

More on the 700 trillion dollar secret swaps market

Posted on December 7, 2011 by Danielle Park

Secrets like this are much too dangerous to keep. The era of carte blanche is over. The direct link to the video is here. Visit msnbc.com for breaking news, world news, and news about the economy

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60 Minutes expose and public pressure makes ‘Stock Act’ pass more likely

Posted on December 6, 2011 by Danielle Park

On Tuesday, the House Financial Services Committee is slated to hold a hearing on the STOCK Act – short for Stop Trading on Congressional Knowledge Act. The bill, which has languished since first being introduced in 2006, now has over … Continue reading →

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Stop trying to rescue the financial system

Posted on December 6, 2011 by Danielle Park

As mentioned in an earlier post, Nassim Taleb’s excellent article The Black Swan of Cairo offers important insight on why repeated efforts to intervene and prop up asset markets only makes our financial system more volatile, dangerous and prone to increasingly … Continue reading →

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