Isda chair on twin threats facing OTC market

Capital a “sword of Damocles”, says Litvack; cleaner CSAs will fix valuation woes

eric-litvak-societe-generale
Eric Litvack: Prudential reforms risk endangering capital markets

A sword, suspended over a throne by a single horse's hair: as legend has it, this is how the Greek tyrant Dionysius showed a courtier that life as a ruler was haunted by fragility and fear. Deri