Streetwise Professor

October 3, 2010

SWP in the NYT

Filed under: Clearing,Derivatives,Economics,Financial crisis,Politics — The Professor @ 7:35 pm

Gretchen Morgensen wrote a long piece in today’s NYT about the potential systemic risk–and too big to fail problem–associated with CCPs, for which I am appreciative.  She included a rather long quote from me, saying things you’ve read here (no surprise there).  It’s an interesting article with some supporting quotes from a variety of other folks.

It would have been nice had this debate taken place, oh, six months ago, or a year ago.

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