Word: countered
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...clearinghouse industry has been another victim of the crisis. Clearinghouses grew rapidly in the wake of 2010 reforms that targeted the over-the-counter derivatives market. Clearinghouses were meant to bring a greater level of stability and transparency to derivatives trading. But this industry has become more fragmented than originally envisioned, and some argue that competition among clearinghouses has led to a “race to the bottom” whereby the clearinghouses require insufficient collateral from the SWIFTs they deal with. The Houston Power House is said to have large, uncollateralized exposures with Magna-SWIFT, and observers estimate...
...short of maximizing their potential for change. Unsurprisingly, celebrities and corporations capable of undertaking large-scale projects such as these “leadership academies” turn up their noses at the more localized efforts of these same grass-roots critics. Such antagonism is at once unnecessary and counter-productive. Each type of school affects a very different, though equally necessary, kind of change...
...weeks ago, I laid out an outline for sensible financial-reform legislation. Many of the principles of this framework look as though they will be kept in the Congress’s final bill, including a stronger consumer-protection agency and an over-the-counter exchange for derivatives. Yet as the legislation has gained steam and popularity over the last few weeks, politicians are predictably spewing populist demagoguery and wasting an opportunity to implement intelligent regulations. Congress must keep the unintended effects of their measures in mind as they finalize the legislative details on trading derivatives and supervising the Federal...
...against risk, are often necessary for many different kinds of businesses, ranging from farms to airlines to banks. Yet during the crisis, banks took enormous risks with derivatives, and these risks were neither monitored nor regulated by the government as most of the derivatives were traded in over-the-counter transactions, private trades between two parties...
...think that the funding crunch certainly concentrated the mind on rationalizing the way that many University-wide faculty things worked,” Bhabha said. “But it is difficult to say the counter-factual...It wasn’t actually that we were running out of money...