Dubnick, Fixing Financial Markets, 17 April 2010
2!
!"#"$%&!"$'$("')&*'+,-./0&12-&34)-&45&6((47$.'8")".9&3-%":-/&
*-);"$&<=&>78$"(,&?$";-+/".9&45&@-A&B':C/2"+-
&
!"#$#%&'(
3#!#4/15!,6!'671!#"4,!4!$455-,8!19$65*71!#6!56'1!,1:5!56*7.1!#6!/,6:!#"4#!:1!471!1,8481)!-,!4,!1.6,6'-.!.7-5-5!+451)!6,!:"4#!'4,;!+1<-1=1!#6!+1!4!'4(67!>4-<*71!6>!+6#"!)6'15#-.!4,)!8<6+4<!>-,4,.-4<!'47/1#50!?67!)615!4,;6,1!714)-,8!#"-5!$4$17!4#!#"1!#-'1!6>!-#5!$7151,#4#-6,!@'-)AB$7-<C!DE2EF!"4=1!#6!+1!
$71=1,#!@67!4#!<145#!'-,-'-G1F!4!71.*771,.10!H"1!56A.4<<1)!I714#!J1.155-6,!6>!DEEK!.6,#-,*15!#6!7-$$<1!#"76*8"!#"1!:67<)!1.6,6';!)1
4.#-,8!45!4!.6,#-,*6*5!71'-,)17!#"4#!56'1#"-,8!'*5#!+1!)6,1!#6!)14<!:-#"!#"1!.6,)-#-6,5!#"4#!+76*8"#!-#!4+6*#0!3,!#"1!L,-#1)!M#4#15!:1!471!-,!#"1!'-)5#!6>!4!'4(67!$*5"!#6!"4=1!N6,87155!4)6$#!$76$654<5!>67!71>67'!#"4#!"4=1!+11,!6,!#"1!#4+<1!-,!56'1!>67'!>67!,147<;!#:6!;14750!H"-5!$4$17!-5!#"1!51.6,)!-#174#-6,!6>!4!:67/!-,-#-4<<;!)1=1<6$1)!-,!715$6,51!#6!4!
!#6!4$$<;!:"4#!:1!/,6:!4+6*#!4..6*,#4+-<-#;!#6!#"1!$76+<1'!6>!71>67'-,8!>-,4,.-4<!'47/1#5!@511!O*+,-./!DE2EF0!P"-<1!#"1!."4<<1,817!"4)!-,!'-,)!4!'671!$74.#-.4<!715$6,51C!:"4#!1'1781)!-5!4,!6,86-,8!1>>67#!#6!71>74'1!4,)!71#"-,/!#"1!>-,4,.-4<!.7-5-5!45!4!$76+<1'!6>!86=17,4,.10!!!H"-5!$4$17!-5C!-,!1>>1.#C!=175-6,!D0E!6>!#"4#!-,-#-4<!1>>67#0!!!
.*771,#!71>67'!481,)4!-,!P45"-,8#6,C!Q6,)6,!4,)!1<51:"171C!3!478*1!>67!4,!4$$764."!#"4#!8615!+1;6,)!'171!#-,/17-,8!:-#"!#74)-#-6,4<!718*<4#67;!'1."4,-5'5!4,)!-,5#14)!>6.*515!6,!#"1!,11)!#6!71>67'!#"1!
3,!#"1!$76.155C!3!'4/1!#"1!.451!>67!#"1!19-5#1,.1!#6!#:6!-,#1771<4#1)!718-'15!:-#"-,!#"1!)6'4-,!6>!86=17,4,.1!71R*-7-,8!4##1,#-6,!->!:1!471!#6!'4/1!"14):4;!-,!#"1!)15-8,!6>!71<1=4,#!4,)!1>>1.#-=1!71>67'50!S,1!6>!#"651!718-'15!AA!#"1!718*<4#67;C!:"-."!>6.*515!6,!86=17,4,.1!#"76*8"!.6,#76<!AA!"45!71.1-=1)!.6,5-)174+<1!4##1,#-6,!>76'!4,4<;5#5C!4,)!3!"-8"<-8"#!6,1!1>>67#!T+;!U66)C!J6#"5#1-,!4,)!V4<):-,!@DEE2FC!"1714>#17!)15-8,4#1)!45!UJVW!4#!>74'-,8!#"1!1<1'1,#5!6>!#"4#!718-'10!H"1!6#"17!718-'1!AA!4..6*,#4+-<-#;C!:"-."!>65#175!86=17,4,.1!#"76*8"!#"1!.714#-6,C!4<<6.4#-6,!4,)!'4,481'1,#!6>!19$1.#4#-6,5!AA!71R*-715!'671!4,4<;#-.!4##1,#-6,C!4,)!3!6>>17!#"1!>6*,)4#-6,5!>67!4!>74'1:67/!71<4#1)!#6!#"4#!718-'1!#"4#!511/5!#6!1'*<4#1!#"1!<68-.!6>!#"1!UJV!1>>67#0!3!
!6>!>-,4,.-4<!'47/1#!86=17,4,.10!
Add a Comment