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View Diary: Hope And Cave: SEC and CFTC Fold on Regulating "Financial Weapons Of Mass Destruction" (145 comments)

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  •  Interesting diary. Thx. (3+ / 0-)
    Recommended by:
    raincrow, elwior, DSWright

    The entire unregulated derivitaves market is frankly frightening.

    Its been called a shadow system, where zero oversight exists. No one really knows how much "liability" exists there either. Ive hear this unregulated market is as much as $70 trillion dollars. Its mind-boggling.

    Rest assured, more bubbles must be created. The derivitaves market could implode again for all we know.

    "Refuse to believe in the Culture of Fear"-Thievery Corp.

    by A Runner on Fri Apr 20, 2012 at 12:32:06 PM PDT

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