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Ask A Banker: Derivatives, Gambling And Getting Around Regulation

Wednesday, October 24, 2012 - 7:40 AM
Banks, by the magic of derivatives, transform a thing that doesn't work under the law — "betting" — into something that does work — "hedging" or "speculating" or whatever.

Ask A Banker: Derivatives, Gambling And Getting Around Regulation : Planet Money : NPR
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ShorebreakShorebreak2,368 posts since
Apr 6, 2010
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