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No Big 'Gotcha' Moments During FCIC Hearing on The Role of Derivatives in Financial Crisis
2 pagine
Pubblicato da
associate8
No Big Gotcha Moments During FCIC Hearing on The Role of Derivatives in Financial
Crisis
Derivatives Leaders Forum 2010, "Strategies for Increasing Profits under an
Evolving Regulatory Framework" (www.
DerivativesLeadersForum.
com),...
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No Big Gotcha Moments During FCIC Hearing on The Role of Derivatives in Financial
Crisis
Derivatives Leaders Forum 2010, "Strategies for Increasing Profits under an
Evolving Regulatory Framework" (www.
DerivativesLeadersForum.
com), July 22nd, New
York City.
New York, NY, July 06, 2010 -- While "there were no big gotcha moments during the
hearings", these "offered instead were intelligent questions, a refusal to be
snookered by witnesses, and a kind of understated pointedness that was more
effective than a dozen angry diatribes; the commissioners may not have gotten all
the answers they sought, but they were genuinely trying to get answers, instead of
preening for the cameras; there was a seriousness of purpose about their effort
that has been lacking in most of the hearings in Washington that have tackled the
financial crisis.
" That s how The New York Times Joe Nocera summarizes last week s
Financial Crisis Inquiry Commission public hearings on "The Role of Derivatives in
the F
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