Ben Bernanke actually said...

I believe that the Financial Stability Oversight Council (FSOC) should designate any nonbank financial company if the FSOC determines that m...

...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...

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