UK faces defeat over derivatives clearing

Discussion in 'Wall St. News' started by sheda, Sep 29, 2011.

  1. sheda

    sheda

    http://www.ft.com/cms/s/0/7cda602a-ea8d-11e0-b0f5-00144feab49a.html#axzz1YuZkGdi3

    To warn that the wishes of a nation who are consistently ignored will be voiced by career politicians who have latched onto the theme for nothing more than gains in public approval, will also be ignored, is not much of a warning at all...

    You hand the powers of regulation over then fight against the regulation...I may as well have just used Elite Traders quote text, it represents the situation as well as the new article...