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Tag Archives: CME

CDS, exchanges, centralized clearing…

From Naked Capitalism… a little insight into the painful process of getting CDS onto an exchange or central counterparty clearing platform… so many powerful and competing interests in the mix… makes one think of all the other big, complex changes through time… hang there in guys… there is a solution that will increase market stability… [...]

What does JPM think?

Deep in the shadows of all the extreme events that have happened in the financial markets since Bear Stearns passed away is a quiet presence… the ghost of America’s most powerful banker… John Pierpont Morgan… oh how slowly the shades of great men pass on… #   #   #   From the WSJ.com ~~~~ “The [...]