The Takeaway tried to untangle the nature of financial "derivatives" and the markets that monopolize exotic trades with the author of the NY Times article and a fuel oil dealer who tries to hedge prices... They lost me, except to think that selling these blind and opaquely priced side bets gives Wall Street even greater incentives to manipulate commodity prices and trading in futures markets.
 | Faulty Financial Formulas Audio Embed: The Takeaway 12/13/10, Hosts: John Hockenberry & Celeste Headlee. |
Earthquake, tsunami,
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