Isda AGM: OTC derivatives not to blame for crisis

conrad voldstad isda

Little of the blame for losses during the credit crisis can be laid at the door of plain vanilla derivatives, asserted Connie Voldstad, chief executive of the International Swaps and Derivatives Association, speaking at the industry group's annual general meeting (AGM) in San Francisco on April 22.

Voldstad was giving a frank account of his experiences during the credit crisis before he joined Isda as its chief executive in November last year. Previously, he served as a director at Bermuda-based

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