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By responding hastily and irrationally to the recent upsurge in corporate indebtedness, congressional tax-writing committees might well create a major economic distortion in an already-biased…
Banking and Finance
Finite risk has become what derivatives were ten years ago—a hot button for controversy and the likely subject of investigations, litigation, and (heaven forbid)…
Business and Government
“Derivatives have become associated with recklessness following several high-profile bankruptcies, but they can be an effective way of managing risk,” says Christopher Culp.In…
Full Version Available in PDF Although criticized often and considered unfathomably complex, "derivatives" are relatively straightforward financial contracts that are not inherently…
Read All by Christopher Culp