THE MECK REPORT --- THE MECK PODCAST: Dancing With Derivatives - NYTimes.com - Maureen Dowd - Jamie Dimon calls it “a doozy.” And it was. A $2 billion credit derivatives trading bungle that could mushroom to a $4 billion loss. The shining industry agitator against some of the tougher regulations on banks has suddenly become the shining example of why still tougher regulations may be needed.

Wednesday, May 16, 2012

Dancing With Derivatives - NYTimes.com - Maureen Dowd - Jamie Dimon calls it “a doozy.” And it was. A $2 billion credit derivatives trading bungle that could mushroom to a $4 billion loss. The shining industry agitator against some of the tougher regulations on banks has suddenly become the shining example of why still tougher regulations may be needed.

http://www.nytimes.com/2012/05/16/opinion/dowd-dancing-with-derivatives.html?pagewanted=print

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