Your request is being processed… FDIC Sheila Bair: Let Banks Keep Derivatives FDIC Head Sheila Bair: Let Banks Keep Derivatives

By May 2, 2010, 3:18 PM Author's Blog  

Sheila Bair: Let Banks Keep Derivatives – Sheila Bair, the Chairwoman of FDIC, wants Senate Democrats to let banks keep most of their business in complex – and profitable – securities known as derivatives. “If all derivatives market-making activities were moved outside of bank holding companies, most of the activity would no doubt continue, but in less regulated and more highly leveraged venues,” Bair wrote in a letter to Christopher Dodd – AP

  • SHARE:
  • Share on StockTwits

LEAVE A COMMENT

SPY201.66  chart+2.28  chart +1.14%
GOOG559.08  chart+8.77  chart +1.59%
AAPL108.00  chart+1.02  chart +0.95%
TSLA241.70  chart+3.04  chart +1.27%
BBRY10.50  chart+0.02  chart +0.19%
NFLX392.77  chart+13.76  chart +3.63%
FB74.99  chart+0.88  chart +1.19%

Nikkei16413.76  chart+755.56  chart +4.83%
Shanghai2420.178  chart+29.102  chart +1.22%
UK6546.47  chart+82.92  chart +1.28%
France4233.09  chart+91.85  chart +2.22%
Germany9326.87  chart+212.03  chart +2.33%