Posted on 12/13/2009 6:50:53 PM PST by WashingtonSource
In the financial regulatory overhaul bill that passed the House December 11, insufficeint regulation of over-the-counter (OTC) derivatives 'renders impotent' the enhanced resolution powers aimed at making sure large financial institutions are not too big to fail, according to economist Robert Johnson
(Excerpt) Read more at mindovermarket.blogspot.com ...
Before I proceed to read this article, I’d like to post that this is the same author, Robert Stowe England that provided us the “heads up” in his excellent article of December 1993 published in the National Review entitled “Assault on The Mortgage Industry”.
Here’s the link to that article:
http://findarticles.com/p/articles/mi_m1282/is_n25_v45/ai_14779796
Now that I’ve that off my chest, on to read this current article.
Rob Johnson was once a backup QB with the Buffalo Bills.
Yes, just more BS out of the Capitol.
Not this Rob Johnson, I assume. It’s hard to imagine an economist as a back QB for the Buffalo Bills, but maybe it’s possible.
This one worked for Soros and is a good friend of Drummond Pike - Tides Foundation.
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