Financial Stability News

News about financial stability, central banking and theory of money


The head of MS Capital has been subpoenaed to appear before the Senate’s agricultural committee on December 8 (yes, that’s right, its the committee dealing with derivatives). Zero Hedge has a nice week-end story on this, including a funny YouTube on how Corzine might appear before the committee. It also notes the now embarrassing fact that he was a democratic governor and adviser to Vice President Biden. But that was a long time ago! Happy weekend.


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