Relevant:
- Swaps Probe Finds Banks Rigged Rate at Expense of Retirees
- The world's next credit crunch could make 2008 look like a hiccup
- Derivatives and the Collapse At Hand - Paul Craig Roberts
- With Top 4 US Banks Holding $217 Trillion In Derivatives, Total Number Of US Banks Drops To Record Low - WSJ
- Negative Rates Prompt Japan Banks to Seek Protection Via Derivatives
2010-05-22 — nypost.com
"Strongly hinting that average Joes could become collateral damage as a result of Congress' hard-line approach to regulating banks, Wall Street warned that the cost of home ownership could surge as a result of rules that prevent banks from using a form of derivatives called swaps, which help banks hedge against interest-rate risk and keep a lid on interest rates."
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