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Posts Tagged ‘sophisticated clients’

Using Derivatives ‘Like Hard Drugs’

Posted by Larry Doyle on March 9th, 2010 9:16 AM |

Prescription drugs can only be accessed through a physician for a reason.  When used appropriately under the guidance of an ethical and informed doctor, the powers of prescription drugs can be life-changing and life-saving. When these prescription drugs are marketed by those more interested in their own bottom line than the health and well-being of their ‘patients’, then use often turns to abuse and the effects are crippling.

A similar dynamic plays out in the high and mighty halls of international finance. (more…)






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