Tagged: credit default swaps

Obama pushes for derivatives reform

President Obama says he wants more regulatory control over the trading of derivatives, the financial products that helped crash the economy, and says the Democrats’ efforts to re-regulate Wall Street will not lead to another taxpayer bailout.  Former Federal Reserve Bank examiner Mark Williams, who teaches finance at the BU School of Management and is […]

Crimping derivatives speculation

The $450 trillion over-the-counter derivatives market, which added greatly to the economic crash, will be under scrutiny as Congress considers how to curb speculation in credit default swaps.  School of Law Professor Tamar Frankel, an authority on securities law, says regulating CDSs would help. “Credit default swaps are chisels with which our brokers, dealers and […]

Battle over derivatives regulation

Trading in complex derivatives, financial instruments like credit default swaps, in large part sparked the current economic crisis.  Now the debate has shifted to how to regulate derivatives and where to trade them.  School of Law Professor Charles Whitehead, a securities law expert and long-time Citigroup counsel, can offer some guidance as to where the […]

CDS Market: Contributor, not Cause of Economic Woes

School of Management finance Professor Mark Williams, a former Federal Reserve Bank examiner, feels strongly that the Credit Default Swap (CDS) market definitely shares some blame, but it isn’t justified to make it the latest scapegoat responsible for the economic meltdown.  Nonetheless, there is a crying need for regulation of the CDS market and creation […]