Full story here from Paul Craig Roberts.
“Former Federal Reserve chairman Alan Greenspan answered that he had placed his trust in a flawed theory when he was called before Congress to explain why he, Goldman Sachs Treasury Secretary Robert Rubin and Deputy Treasury Secretary Larry Summers, prevented Brooksley Born, head of the Commodity Futures Trading Corporation, [...]
Full story here from Henry CK Liu at Asia Times.
“In 2009, the John F Kennedy Profile in Courage Award, the nation’s most prestigious honor for public servants, was given to Brooksley Born for her role in 1998, as chair of the Commodity Futures Trading Commission (CFTC), to try, albeit unsuccessfully, to bring over-the-counter financial derivatives [...]
Full story here. From TheNation.com about former regulator Brooksley Born.
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“…But more than a decade ago, a woman you’re likely never to have heard of, Brooksley Born, head of the Commodity Futures Trading Commission– a federal agency that regulates options [...]