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


SPY199.19  chart-0.31  chart -0.16%
GOOG582.56  chart-0.81  chart -0.14%
AAPL101.32  chart+0.74  chart +0.74%
TSLA256.78  chart+2.44  chart +0.96%
BBRY9.94  chart+0.095  chart +0.96%
NFLX479.19  chart+7.14  chart +1.51%
FB74.57  chart0.00  chart +0.00%

Nikkei15539.19  chart-47.01  chart -0.30%
Shanghai2240.812  chart+10.354  chart +0.00%
UK6775.25  chart-2.41  chart -0.04%
France4252.80  chart-40.13  chart -0.93%
Germany9339.17  chart-62.36  chart -0.66%