Articles About Over-the-counter Derivatives

Author:
James I. Clark III
Posted:
03.25.2010

The Canary in the Mine Shaft

A decade before the financial meltdown, one woman was sounding the alarm that a catastrophe was coming.  That woman is Brooksley Born, who correctly predicted that investments known as over-the-counter derivatives could cause a financial crisis.  As Chairman of the Commodity Futures Trading Commission (CFTC) during the second Clinton administration, Born would wake up “in […]

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