This post by Jill Schlesinger originally appeared on CBS' MoneyWatch.com.
If you want to know the skinny on financial regulatory reform, then look no further than Yves Smith, author of the new book "Econned", blogger extraordinaire (nakedcapitalism is a must-read), and more importantly, an industry insider for nearly three decades.
Off-camera, we dished about derivatives and the good ol' days when
trading options wasn't seen as scandalous. Here's what Yves thinks
needs to happen for substantive regulatory reform.
Jill Schlesinger is the Editor-at-Large for CBS MoneyWatch.com. Prior to the launch of MoneyWatch, she was the Chief Investment Officer for an independent investment advisory firm. In her infancy, she was an options trader on the Commodities Exchange of New York.
View all articles by Jill Schlesinger on CBS MoneyWatch » Jill Schlesinger, CFP®, is the Emmy-nominated, Business Analyst for CBS News. She covers the economy, markets, investing and anything else with a dollar sign on TV, radio (including her nationally syndicated radio show), the web and her blog, "Jill on Money." Prior to her second career at CBS, Jill spent 14 years as the co-owner and Chief Investment Officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.
