http://www.theglobalist.com/printStoryId.aspx?StoryId=7529
This topic is outside of anything resembling a snake area of expertise. I'd appreciate any intelligent opinions on this article, particularly the statement that
Quote:
If the U.S. Congress truly understood the duplicity of the Fed and OCC when it comes to concealing the risk from over-the-counter derivatives, these agencies would be closed down tomorrow.