There is no clearing house for the tens of trillions of dollars worth of derivatives trading, so there is an effort to make the trading more visible.
It is one thing, as we've seen in the past, to say here is my plan, which everyone out here knows has no chance of clearing Congress because the elements in it don't have bipartisan support, there's no evidence of historical bipartisan support -- or you can put forward ideas that meet that test and create jobs and grow the economy.
With clearing, there is no way AIG could have built up billions in losses.
FORBES: Is There Profit to be Made from Dodd-Frank Legislation?
Democrats dismissed the bills, which had no chance of clearing the Senate or surviving a presidential veto, as ideological showboating.
That measure, however, has no chance of clearing the Senate.
As FORBES was first to report in November, Schering has been futzing for 18 months with this comparison study, which ended up showing that these expensive pills were no better at clearing out artery gunk than a generic statin.
In drought-struck Zimbabwe , the government ordered the official meteorological office to issue no more weather forecasts without clearing them with the presidency.
Auto-reverse jam clearing is another of my favorite features--no more jams.
They have no wish to be forced into joining a clearing house and thus into more demanding margin calls.
ECONOMIST: Derivatives: Over the counter, out of sight | The
His predecessor, Bill Lee, stepped aside as chief after a vote of no-confidence by city commissioners in April, clearing the way for Myers.
No working group or individual is fully in charge of clearing up the mess.
It has plans to modernise the undercapitalised banking system, which currently has no facilities for electronic payments and only a rudimentary process for cheque-clearing.
He had routed some proceeds through Bear accounts, but the firm--which just settled unrelated civil charges of clearing trades for a sleazy brokerage--says the individuals weren't its clients and hence it owed no duty.
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