Showing posts with label clearinghouse. Show all posts
Showing posts with label clearinghouse. Show all posts

Thursday, April 15, 2010

Swap Talk

Said Obama: "For all of our betterment,
Derivatives need clearinghouse settlement,
But the five biggest banks
Are circling their tanks,
A politically potent impediment."

Wednesday, April 14, 2010

A Derivative Argument

Goldman and Morgan disputed
That derivatives must be concluded
Via centralized clearing:
"Our return's disappearing 

If this bank reform bill's not diluted."

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