Episode 201 • • 1:37:53 - 1:41:52
201: The Reluctant Spy
Derivatives Regulation, Chris Dodd, Movie Futures Ban
The debate over financial derivatives regulation in the Senate is discussed, with Senator Judd Gregg comparing the legislation to a "Mad Hatter's tea party." The bill specifically bans futures trading on movie opening weekends and onions. The importance of derivatives for hedging in global business is contrasted with the "casino" perception promoted by politicians.