Quote of the Day: Matt Taibbi

From the Editor's Desk

May 15

Written By

An unregulated derivatives market essentially gives Wall Street a way to place hidden taxes on everything in the world.

-- Matt Taibbi (Rolling Stone)

Credit default swapderegulationDerivativesFinancial crisisfinancial regulationMatt TaibbiRolling Stone

Does Anybody See What I See?

Chart of the Day: JP Morgan's Derivatives Loss vs. Estimated Cost of Regulations