Sentences with phrase «gambling on derivatives»

Would the economy fall apart without it — without mortgage fraud, without deceptive packaging of junk mortgages, and for that matter without computerized gambling on derivatives?

Not exact matches

Tax cuts on wealth are promoted as if they will be invested rather than used to pay the financial sector more interest or be gambled on currencies and exchange rates, interest rates, stock and bond prices, credit default swaps and kindred derivatives.

The rates that have responded most significantly to lower borrowing costs are short - term loans for financial speculation, above all for derivatives and related buying or selling of stocks and bonds on margin — enormous gambles on which way the dollar, the stock market and interest rates may go.

Known as the «London Whale» saga for risky gambles in derivatives in London, the bank was the subject of an intense investigation by the U.S. Senate's Permanent Subcommittee on Investigations.

The banks are trying to win back their losses by arbitrage operations, borrowing from the Fed at a low interest rate and lending at a higher one, and gambling on options and derivatives.

Let derivative transactions go on where here is real hedging taking place; away from that, such transactions are gambling, and should be illegal.

It only tweaks at the edges the existing derivative setup, and does not question the troubles that the financial markets wreak on the cash markets when they are allowed to become gambling markets, where speculators trade with speculators, and the tail begins to wag the dog.

There is a booming trade in «weather futures,» allowing companies and banks to gamble on changes in the weather as if deadly disasters were a game on a Vegas craps table (between 2005 and 2006 the weather derivatives market jumped nearly fivefold, from $ 9.7 billion to $ 45.2 billion).