The Lincoln assassination: the strange tale of the swaps push-out

Insiders tell the story of the 'zombie' bill everyone hated, but no-one could kill

risk-0515-blanche-lincoln-photo-ccoady

By 5am on June 24, 2010, attempts to agree the final text of the Dodd-Frank Act were in the twentieth hour of their seventh day. Ties had been loosened and sleeves rolled up, suit jackets were long gone; the staffers passing in and out of the conference room to make technical edits to the draft bill had lost their manic energy.

Even the sight of Commodity Futures Trading Commission (CFTC) chairman, Gary Gensler, stalking around the room in his socks – having discarded pinching shoes hours ago –

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: