Banks, energy companies and other derivatives dealers are poised to win a big one today, with approval of a federal rule exempting most of them from new government oversight. As The New York Times reports, the Securities and Exchange Commission and the Commodity Futures Trading Commission are expected to okay a much-weakened version of a […]
MF Global – With The Right Connections A Little Can Get You A Lot
November 4, 2011 By 2 Comments
Major investment firm MF Global announced it is filing for bankruptcy creating some panic in the financial industry. Federal regulators, specifically the Commodity Futures Trading Commission (CFTC), have said they are taking appropriate action and investigating the situation. The First Street Research Group did its own investigation into the lobbying activity and political relationships of MF […]
