Clearing Collateral For OTCDs Could Be Short By $2.2 Trillion
Over-the-counter derivatives need to be made safer. Centralized clearing houses have been proposed as one way to do this. But what is the cost of this? Experts seem to agree how much that will cost – and that we’re more than $2 trillion away from that figure.
Maureen Nevin Duffy
December 9, 2010