The Economist – The crucial details of derivatives reform remain elusive

By | October 15, 2009

The House plans exclude firms that are not “systemically important” or do not expose their counterparties to “significant credit losses”. But as Kevin McPartland of TABB Group, a research firm, points out: “A few years ago AIG would not have been considered systemically important.”

http://www.economist.com/businessfinance/displaystory.cfm?story_id=14649276

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