Barney Frank: New Derivatives Bill Will Encourage Big Banks To Join In Market Exchange

Posted by University of New Mexico/Talk Radio News Service on November 3, 2009 |

House Financial Services Committee Chairman Barney Frank (D-Mass.) says if the combined derivatives bill becomes a law it will encourage large financial institutions to join into an exchange market. He says the AIG situation, where derivative trading caused problems, will be covered under their bill. (0:32)

 
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November 3, 2009

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