Skip navigation links
The Problem
The Solution
News
Take Action
About Us
Personal Stories
Tell Friends
Send an E-mail
Opinion Leaders Speak Out
 
3/11/2010 - Gary Gensler, Chairman, CFTC
"But in this particular market and at this time in our history, we need markets that work for the American public."  Reuters
3/11/2010 - Gary Gensler, Chairman, CFTC
"Wall Street ... has benefited from opacity and inefficiencies in the over-the-counter derivatives market, a market dominated by a handful of dealers in this country."  Reuters
3/10/2010 - Jeff Lenard, spokesman, National Association of Convenience Stores
"The price of oil used to be a result of actual events. It used to be based on actual supply and demand, but the last few years, oil has been treated like the commodity; it is and subject to speculation in the markets."  WCF Courier
3/9/2010 - Jessica Brady, spokeswoman, AAA Public & Government Relations
"We have an ample supply. U.S. supplies of crude oil are higher than last August."  The Gainesville Sun
3/9/2010 - Jim Smith, president, Florida Petroleum Marketers & Convenience Store Association
"There is absolutely not a single fundamental that is in place right now that explains why prices have gone this high. Crude is up over $81 a barrel for no reason other than speculation."  The Gainesville Sun
3/1/2010 - Gary Gensler, Chairman, CFTC
"The (Securities and Exchange Commission) and the CFTC should have clear rule-writing authority to oversee and ensure clearinghouse governance to protect against conflicts of interest, promote open and competitive markets and promote the public interest."  Reuters
2/28/2010 - Martin Mayer, guest scholar, Brookings Institution
"These ‘over the counter’ derivatives — created, sold and serviced behind closed doors by consenting adults who don’t tell anybody what they’re doing — are also a major source of the almost unlimited leverage that brought the world financial system to the brink of disaster last fall."  New York Times
2/24/2010 - Gary Gensler, Chairman, CFTC
"We, too, should establish rules to protect the public from OTC derivatives. If we do nothing, we risk another financial fire that will cost even more jobs."  Financial Times
2/24/2010 - Gary Gensler, Chairman, CFTC
"As regulators, we have a responsibility to establish codes that will ensure the concentrated, opaque derivatives market never again brings the financial system to the brink of collapse."  Financial Times
2/24/2010 - Gary Gensler, Chairman, CFTC
"In the autumn of 2008, certain financial institutions kicked over the lantern that set off the financial crisis – a fire that nearly burned down the global economy."  Financial Times
1 - 10 Next
Happening Now
3/10/2010  Greek PM Pitches Plan To Combat Speculation In Meeting With Obama
Dow Jones
3/9/2010  Showdown looms for financial reform
Politico
3/4/2010  Six Steps Toward Financial Reform
Wall Street Journal
[see more]

What the Experts Say ...
"In the face of these market realities, excessive speculation is the only other variable left unaccounted for."
C. Randal Mullett, executive, Con-way trucking, 02/03/2010
The Journal of Commerce