Today, he is emerging as one of the nation’s archreformers, pushing to impose some of the most stringent new financial regulations in history. And as the head of the Commodity Futures Trading Commission, the leading contender to oversee the complex derivatives contracts that played a central role in the financial crisis and, in turn, the Great Recession, he is in a position to influence the outcome.
It may seem an unlikely conversion, but it is one that has won the approval of Brooksley E. Born, of all people, a former outspoken head of the commission. She sounded alarms more than a decade ago about the dangers hiding in the poorly understood derivatives market and was silenced by the same Washington power brokers that counted Mr. Gensler as a member.
Mr. Gensler opposed Ms. Born, according to people who worked at the commission in the 1990s, and in 2000 played a significant role in shepherding through Congress deregulation measures that led to explosive growth of the over-the-counter derivatives market.
That was then. These days, Ms. Born is convinced of Mr. Gensler’s reformist zeal, as he takes on Wall Street in what is becoming one of the fiercest battles over regulation in the postcrisis era.
“I think he is doing very well,” she said in an interview. “He certainly seems to be committed to robust oversight of derivatives and limiting excessive speculation and leverage.”
The proposals championed by Mr. Gensler, if adopted by Congress, would substantially alter what is now a largely unregulated market in over-the-counter derivatives, financial instruments used by companies and investors to protect themselves and bet on moves in variables, like interest rates or currencies, and to speculate.
The proposals include forcing the big banks that sell derivatives to conduct their trades in the open on public exchanges and clear them through central clearinghouses, so that any investor can see the prices that dealers charge their customers. Today, those transactions are bilateral and private.
Mango Dash india on 17 Jan 15Litchi is sweet and a very fragrant fruit, which is usually available in the summer. This fruit originated in China but today is found in most of the South East Asian countries. It is the member of soapberry family, Sapindaceae. There are three sub-species of Litchi. It has rough skin outside while contains juicy and creamy white flesh inside. Litchi has a wonderful taste and in modern times it has found its niche in desserts, juices and ice creams. Litchi is a small fruit packed with loads of healthy nutrients. Litchi is considered an exotic fruit and has a very short shelf life. This is why it is available for a very limited time even during its season. In ancient China, Litchi was the favored fruit in the imperial corridors finding its greatest fans amongst the Kings and queens; who would get these beautiful fruit transported to capital at a great cost to the Kingdom. Nutritional Value of Litchi Litchi has a high level of vitamin C in it and meets about 86% of the body's daily requirement of this vitamin. It is a little high on sugar and has reasonable amount of dietary fiber. It is a rich source of Polyphenols that make it a strong and highly recommended anti-oxidant. The composition of minerals make it a great fuel for the electrolyte balance in our body. PET Bottles: Litchi Dash 200 ml Nutrition Facts of Litchi Dash per 100 ml Energy: 60 Kcal Fat: 0 gm Carbohydrate: 14.8 gm Protein: 0 gm Sugar: 12.5 g Dietary fiber: 1.3 gms Vitamin B1: 0.011 mg Vitamin B2: 0.065 mg Vitamin B3: 0.603 mg Vitamin B6: 0.10 mg Vitamin C: 71.5 mg Calcium: 5 mg Magnesium: 10 mg Manganese: 0.055 mg Phosphorus: 31 mg Potassium: 171 mg Health Benefits It contains a healthy blend of nutrients that promote health. So, know the amazing health benefits of Litchi that can make a lot of difference to your fitness in an absolutely tasty way. Strengthens Immunity Aids Digestion & Bowel movements Weight loss & Fluid Balance Increase Metabolism Skin's B
