Thursday, November 24, 2011
Warren Pollock: Open Letter to the CME
Wednesday, November 23, 2011
Open Letter to the CME
To: Terrence A Duffy, Chairman CME Group
As illustrated by the failure of MF Global, I am of the opinion that, the CME has not met its basic obligations to the marketplace as a “public fiduciary.”
Our society depends on “basic finance” to provide “utility functions” such as banking, hedging, insurance, and/or capital formation. Presently,
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