Ben Bernanke actually said...

...by centralizing and standardizing specific classes of financial transactions, clearinghouses reduce the costs and operational risks...

However, the flip side of the centralization of clearing and settlement activities in clearinghouses is the concentration of substantial fin...

the Nation was on course for a cataclysm that could have rivaled or surpassed the Great Depression.

If you do not act in the next 2 weeks, we will have a global financial meltdown.