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CHHS Director explains derivatives regulation on C-SPAN - 5/15/09

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Uploaded by on May 15, 2009

Michael Greenberger, JD, founder and director of the University of Maryland Center for Health and Homeland Security, appears on C-SPAN's "Washington Journal" to explain financial derivatives and discuss regulatory measures needed in derivatives markets. Many experts believe unregulated derivative instruments are largely to blame for the economic meltdown.

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  • EVERYONE SHOULD FORWARD THIS TO A FRIEND. and remember all of those people who have been blaming poor people for taking out loans they couldn't afford. these evil people were scapegoating poor people.

  • To whoever put this on youtube: THANK YOU SO MUCH!!!!!

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All Comments (10)

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  • Thanks for this Video!

  • if these companies made mistakes they should fail. why is the government bailing the out.

    this is a problem caused by our governmet because the government is bailing them out.

    search youtube for CENTRAL BANK to find out the truth about the problem in america

  • Ms. BROOKSLEY BORN, Chair of the CFTCommission was the Prophet back in 1998. Her Director was Michael Greenberger. She warned Rob. Rubin and Alan Greenspan who sent in attack dog Larry Summers to silence her!

    Michael was at the meeting!

    Watch PBS "THE WARNING" --Born and Greenberger are both interviewed. Bests Documentary around.

    Why did Obama hire these robbers? Incompetence at the highest echelons. If Wall Street thugs listened to Brooksley Born's Warning....

  • Mike Greenberger is the first person to underscore and reveal the scorched earth policy of wallstreet and the greed which has ruined the us. economy for years.

  • That is what it feels like-like we are supporting a casino-well duh-that is what we are doing!

  • Finally, a person who can explain what derivitives are.

  • Finally someone is around who knows what he is talking about-now if only more people would listen to him!

  • finally!! someone setting up the way the game is played in a way anyone can understand.

    i detest gambling with other people's money. bankers should not be speculatively gambling. bankers and insurance sharks playing games all over the world.

    setting people up to fail and then reaping profit from the fallout is criminal. Regulate banking and insurance.

    5*****stars for important content. thank you.

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