>You mentioned this one as your favorite - "Congress getting >serious about the rules for derivatives". I love it but could >you please summarize the article? Also, what paper was it >from and what date? I'd love to try to dig up a copy.
I had it slightly wrong: Congress is getting serious about the rules for derivatives Wall Street Journal, November 23, 1993, Section C, Page 1 Derivatives are financial contracts intended to provide companies with insurance against risks from changes in interest rates or currency exchange rates. Common examples are futures and options, whose values are tied to the prices of stocks and bonds. This article begins "Congress is taking action on its threats to legislate controls on the fast-growing and controversial market in financial derivatives, one of Wall Street's fastest-growing products."