Derivatives

• FORTUNE -- Its tax time -- and if you are like many people, you may spend a moment contemplating all the benefits your tax dollars bring.
(Huffington Post)
• Whether they understand them or not, all taxpayers have been sucked into the derivatives virtual reality game, and at great cost.
(CNN)
• In case you missed it — A St. Louis TV anchor presses President Obama on the alleged offense of "jetting" around while people around the country are struggling to make ends meet. In the days following the death of Mr.
(Washington Post)
• NEW YORK, NY — BNP Paribas Corporate and Investment Banking is pleased to announce the appointments of John Bills, Mike Collens and Chris Zammit to its Commodity Derivatives business.
(msnbc.com)
• For the 33,000 residents of Cassino, the Italian town's attempt to cut its borrowing costs using derivatives was a losing bet the moment it was struck. The Wall Street bank that created the deal reaped an instant profit.
(Bloomberg)
• Financial regulators are expected to prohibit traders from betting on the outcome of the 2012 election, according to people briefed on the matter, dealing a blow to Wall Street's recent attempts to profit from politics.
(New York Times)
• When Lehman Brothers failed in September 2008, firms that had entered into derivatives contracts with the company suddenly found their positions frozen.
(Financial Times)