An unregulated derivatives market essentially gives Wall Street a way to place hidden taxes on everything in the world.
Assistant Professor | Finance, Real Estate, & Law | Cal Poly Pomona
An unregulated derivatives market essentially gives Wall Street a way to place hidden taxes on everything in the world.
You win the modern financial-regulation game by filing the most motions, attending the most hearings, giving the most money to the most politicians and, above all, by keeping at it, day after day, year after fiscal year, until stealing is legal again.