‘The bottom line is that
financial institutions will not be forced to trade trillions of dollars
of derivatives on public exchanges where margin requirements would
protect taxpayers against potential losses. Instead, Congress has given
Wall Street the green light to continue selling products that are
insufficiently capitalized so they can keep raking in gigantic profits.
That means it’s only a matter of time before another one of the
financial giants keels over from its bad bets. It will be AIG all over
again.’
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