WebAug 4, 2013 · Some of the criticism about Larry Summers comes from his role in 1990s deregulation of finance. His fight with Brooksley Born of the CFTC over the regulation of derivatives particularly stands out ... WebOct 20, 2009 · "We didn't truly know the dangers of the market, because it was a dark market," says Brooksley Born, the head of an obscure federal regulatory agency-the Commodity Futures Trading Commission (CFTC ...
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http://fcic.law.stanford.edu/about/biographies/brooksley-born WebFeb 21, 2009 · Brooksley Born, chairwoman of the Commodity Futures Trading Commission, received a call in March 1998 in her office in downtown Washington. On the other end was Deputy Treasury Secretary... does rice water shampoo bar work
Brooksley Born foresaw disaster but was silenced
WebThe same day the CFTC issued its "concept release" Treasury Secretary Robert Rubin, Federal Reserve Board Chair Alan Greenspan, and SEC Chair Arthur Levitt (who, along with CFTC Chair Brooksley Born, were the members of the PWG) issued a letter asking Congress to prevent the CFTC from changing its existing treatment of OTC derivatives. … WebApr 1, 2009 · The chairman of the Commodity Futures Trade Commission (CFTC) Brooksley Born issued a first call for her regulatory commission to have power to oversee financial derivatives. While previous legislative attempts had been made earlier, Born’s efforts were the most direct and threatening to the financial industry. WebOct 20, 2009 · The new chairperson of the CFTC, Brooksley Born, sees systemic risk in the virtually unregulated, high-stakes derivatives market. She starts a campaign to regulate the secretive, multi-trillion ... face checked