Tuesday, April 13, 2010

SEN. CHAMBLISS (R-GA) SUPPORTS SECRET GAMBLING

He's on the Agriculture Committee and opposed Sen. Blanche Lincoln's proposal to bring derivatives trading into the sunlight. From POLITICO:
Lincoln aides said she broke with Chambliss over “mandatory exchange trading” — which would place derivatives trades on central market exchanges, making information about the derivatives available in a central location. Currently, derivatives are usually executed as private deals between two parties.

Lincoln supported the mandatory exchange trading. Chambliss didn’t.

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