The Fannie/Freddie Bailout: The End of the Beginning of the End

marketoracle.co.uk — We have allowed our derivative markets — specifically those related to credit — to grow in a completely unregulated manner to the point where everybody is holding their breath and praying that a financial accident won't occur. This has occurred largely because it has been in Wall Street's interest to limit regulation of derivatives. But the time has come to stop allowing the fox to patrol the chicken coop.

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