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One of the perhaps most important sections of this legislation will focus on derivatives trading. Derivatives, financial instruments that are used to bet on movements of assets and thus serve as protections against risk, are often necessary for many different kinds of businesses, ranging from farms to airlines to banks...
Under Lincoln’s proposal, hundreds of billions of dollars in existing derivatives trading would be spun off to entities such as hedge funds and foreign banks, which are beyond the scope of regulators, or associated bank entities that are not technically part of the bank, in both cases...
As the debate continues, many Democrats and Republicans are trying to outdo each other to see who can seem “toughest” on reform, but in the process, they are failing to understand which regulations really need to be in place for the economy to function well...
“Cancer research [and] all those foundations that deal with tomorrow are wonderful. But these kids are suffering today,” Les Friedman said. “My dream would be to do 52 Mikey’s Way Days a year.”
Think, Mr. Carswell (wherever you are), think, all or you: imagine the situation of your grader. (Unless, of course, he is of the Wheatstone Bridge-double differential CH3C6H2 (NO2)3 set. These people are mere cogs; automata; they simply feel to make sure you've punched the right holes. As...