Beware Lawmakers Who Don't Understand the Roots of the Financial Crisis 17 Mar 2010

Source: Seeking Alpha

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Craig Pirrong submits: In an uncharacteristically dyspeptic opinion piece on his newsletter, John Lothian concludes that CFTC Chairman Gary Gensler has his eye on something more than Chairmanship of what has long been an also ran among Federal agencies: There has been talk in Washington, Chicago and in the media that Gary Gensler has ambitions to become the next Treasury Secretary

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“I firmly believe that the introduction of this product will bring the liquidity back to C-Com, and it will strengthen the competitiveness of our exchange, thus making contributions to the recovery of the entire Japanese commodity futures industry”

Susumu Kuroiwa, chairman and CEO of Central Japan Commodity Exchange, on plans to launch precious metal futures

Beware Lawmakers Who Don't Understand the Roots of the Financial Crisis 17 Mar 2010 Source: Seeking Alpha

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Beware Lawmakers Who Don't Understand the Roots of the Financial Crisis 17 Mar 2010

Source: Seeking Alpha