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GPS Tracking Shoe for Dementia Patients Coming to Market

 
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Posted by on October 28, 2011 in alzheimer's

 

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GPS Tracking Shoe for Dementia Patients Coming to Market

 
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Posted by on October 27, 2011 in alzheimer's

 

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A Secretive Banking Elite Rules Trading in Derivatives

This is an in depth article. Follow the link to read on….

Amplify’d from www.nytimes.com

On the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan.

The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable — and controversial — fields in finance. They also share a common secret: The details of their meetings, even their identities, have been strictly confidential.
Drawn from giants like JPMorgan Chase, Goldman Sachs and Morgan Stanley, the bankers form a powerful committee that helps oversee trading in derivatives, instruments which, like insurance, are used to hedge risk.
In theory, this group exists to safeguard the integrity of the multitrillion-dollar market. In practice, it also defends the dominance of the big banks.

The banks in this group, which is affiliated with a new derivatives clearinghouse, have fought to block other banks from entering the market, and they are also trying to thwart efforts to make full information on prices and fees freely available.

Read more at www.nytimes.com

 

 
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Posted by on December 12, 2010 in alzheimer's

 

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