By Jesse’s Cafe
It appears that President Obama is bidding adieu to CFTC Chairman Gary Gensler, purportedly for being ‘too aggressive’ with the Banks over their antics in the markets, with special emphasis on swaps and derivatives activity offshore.
I wonder who put the word in President Barry’s ear? It is best to tread lightly around those treasured havens for financial piracy.
Related Reading:
Amanda Renteria To Be Nominated CFTC Chief
House Approves Derivatives Deregulation Bills That Would Open More Loopholes For Wall Street
Interest Rate Swap Wikipedia Article
Nomination of Senate Aide to Replace Gensler Far From Certain: Report
