Christopher Bond said...

I am delighted you said they would not require an end-user to clear hedging.

I would change President Reagan's theory for dealing with Russia to 'Verify, but don't trust.'

That was a mistake, in terms of cost, productivity. So, that is a signal not to put timelines on it.

The problem of shaky subprime mortgages was exacerbated in Wall Street by creating mirror derivatives...