The intrinsic complexity of the financial derivatives market has emerged as both an incentive to engage in it, and a key source of its inherent instability. Regulators now faced with the challenge of ...
No one likes a bailout, particularly one caused by taking a simple and valuable business -- like, say, home loans -- and turning into a complex labyrinth of indecipherable derivative contracts.
Financial instruments are becoming increasingly complicated, and a new survey of CPA financial executives by the AICPA found concern about the valuation of instruments such as derivatives, with fears ...