Quotes About Derivatives

The idea of a financial transaction tax on Wall Street trades is gaining momentum. I have a bill called - nicknamed the Robin Hood tax also. It's a bill that taxes stock trades, derivatives and bonds, and would generate in the neighborhood of $300 billion a year.

An unregulated derivatives market essentially gives Wall Street a way to place hidden taxes on everything in the world.

The financial crisis involved significant failures in the functioning, regulation, and supervision of OTC derivatives markets.

I was named Margaret Yvonne. 'Margaret' because my mother was very fond of one of the derivatives of the name. She was fascinated at the time by the movie star Baby Peggy, and I suppose she wanted a Baby Peggy of her own.

Life can be lived at a remove. You trade in futures, and then you trade in derivatives of futures. Banks make more money trading derivatives than they do trading actual commodities.

The Fed should make a clear commitment to stable money to reduce the swings in interest rates and inflation. Instead, it champions and flaunts unstable money. This encourages momentum trading and the growth of derivatives. Meanwhile, layers of financial regulation make Washington bigger and more powerful but don't fix the underlying problems.

AIG's failure revealed systemic problems in the OTC derivatives market that went well beyond the failure of a single market participant.

Over and over again, financial experts and wonkish talking heads endeavor to explain these mysterious, 'toxic' financial instruments to us lay folk. Over and over, they ignobly fail, because we all know that no one understands credit default obligations and derivatives, except perhaps Mr. Buffett and the computers who created them.

They've been fairly positive, as firm as they could be in regards to the derivatives operations in Montreal. We didn't sense that there was a hesitation about it. But things change.

The good thing about a dealer's derivatives portfolio is that it is marked to market.

If there were not derivatives, there would be no bank loans at all today, because people want to get fixed-rate 30-year loans, but banks don't want to keep 30-year loans on their books.

I am telling you, the world's first trillionaires are going to come from somebody who masters A.I. and all its derivatives and applies it in ways we never thought of.

MASTERING MONEY With the advent of derivatives and an increasingly complex economy, mastering money has become essential to surviving in the world economy. With low interest rates and an uncertain stock market, the old adages of saving and investing for the long term make no sense.

Overwinding happens when hedge funds destroy companies by attempting to leverage derivatives against otherwise productive long-term assets.

In the 1987 stock market crash, according to the conclusions of the official Brady report, colossal sales of stock index futures by so-called portfolio insurers - whose investment strategies depended entirely on these derivatives - greatly exacerbated the 500-point market decline.

Several salesmen focused on how many "bars" they made. To derivatives salesmen, a "bar" is not a place to go for drinks. A "bar" is a salary, a huge salary, with a long line of zeros, at least six of them. On Wall Street, you never said, "I make a million dollars a year." You said, "I make a bar." Lots of DPG employees made bars, often several. Of course, I, too, wanted to make bars, and by the end of the day I was salivating.

When they are employed wisely, derivatives make the world simpler because they give their buyers an ability to manage and transfer risk.

In bypassing barriers between different classes, maturities, rating categories, debt seniority levels and so on, credit derivatives are creating enormous opportunities to exploit and profit from associated discontinuities in the pricing of credit risk.

The subprime disaster was a result of financial bombs - derivatives - exploding in financial institutions such as AIG and Lehman Brothers, as well as banks and financial institutions throughout the world.

I view derivatives as time bombs, both for the parties that deal in them and the economic system.

As you will find in multivariable calculus, there is often a number of solutions for any given problem.

The root J-N-N has so many derivatives. Jannah, paradise, is the hidden garden. Majnoon is a crazy person whose intellect has been hidden. My favorite, though, is janin. The embryo hidden inside the mother. The jinn are not gone from our world, you see. They've just donned new clothes.

The Orderly Liquidation Authority prescribed by Dodd-Frank should be repealed and replaced by an amendment to the U.S. Bankruptcy Code which would operate to prevent cross-default provisions from impacting derivatives books so long as mark-to-market payments are being made in a timely fashion.

AIG FP's risk was compounded by the difficulty in valuing its highly complex positions,