We are creating these artificial bubbles with these CDSs that drive price fluctuations up and down that have absolutely nothing to do, in my humble opinion, with supply and demand.
John A. Boccieri: “We are creating these artificial bubbles with these CDSs that drive price fluctuations up and down that have absolutely…”
Editor's note · Context
Boccieri critiques the impact of credit default swaps on market prices, disconnecting them from real supply and demand.
Share
More from John A. Boccieri
I thank the gentleman from Kansas (Mr. Moore) and the committee for their work on this important bill that recognizes the service of our strong military members who find themselves on multiple rotations, and some of those who find…
I have always been told that leadership is about action, not position. But when you hear the position on the other side of the aisle that we need to stand up for big Wall Street banks, we need to stand up and apologize to BP and Big Oil…
As Admiral Mullen has said, it is troubling that men and women from our country have to lie about who they are to defend the truth and freedom of our war. The courts have spoken. The military leadership have spoken. Our military has…
Mr. Speaker, today, we are talking about what is in a family's heirlooms, their possessions. I know the Republican would like to draw this into a long debate about how we got into this mess, but I will remind the gentleman that, on day one…





