The Washington Independent

Tuesday, May 29th, 2012

Posts Tagged cds

Summers Defends Role in Bank Deregulation

By | 04.09.09 | 4:37 pm

President Obama’s top economic adviser on Thursday defended his role as a leading force behind the sweeping deregulation of the finance industry a decade ago, which many experts consider to be a cause of the current economic crisis.

Appearing before hundreds of business officials in Washington, Larry Summers said the More…

?Democrats Push to Regulate Key Factor in Meltdown

By | 10.16.08 | 1:00 pm

As Congress mulls how to buoy a sinking economy, lawmakers seem increasingly determined to rein in the unregulated derivatives industry, which many suspect has caused much of the mess.

During two congressional panels convened this week, key lawmakers have vowed to push new regulations for the derivatives market, with a More…