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Operational risk

Carbon markets defy global downturn

Carbon trading, while slow to take off, is beginning to catch on with hedge funds as a new asset class. Kris Devasabai, US Editor, and Stephen Quigley report

Lawmakers take aim at CDS market

Regulators have been threatening the credit derivatives market with draconian new legislation in a bid to curb practices that supposedly exacerbated the current turmoil. But the lawmakers' belligerent comments are somewhat akin to closing the windows…

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