What Is Really Behind The Pope’s Denunciation Of OTC Derivatives?Mark Melin
The Vatican and Pope Francis issued a blistering denunciation against over the counter (OTC) derivatives Thursday. While at first glance the move by a religious order to weigh in on a complex financial topic caught some Wall Street observers by surprise, the announcement was the result of years of study and consternation by those working around the Holy Se. With Spanish and Italian debt default threatening the European Union, Thursday’s holy . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible