An early morning compromise Friday on the critical derivatives portion of the all-encompassing financial reform legislation reportedly would require federally insured banks to set up separate entities to trade the riskier types of derivatives, including those dealing with energy, metals and agriculture and credit default swaps, while preserving their ability to make less risky trades in currencies.
Insured
Articles from Insured
Financial Reform Close to Passage; Hard Road to Implementation
An early morning compromise Friday on the critical derivatives portion of the all-encompassing financial reform legislation reportedly would require federally insured banks to set up separate entities to trade the riskier types of derivatives, including those dealing with energy, metals and agriculture and credit default swaps, while preserving their ability to make less risky trades in currencies.
June 28, 2010
Wittig Resigns, Westar Names Former COO to Revive Company
Under indictment for fraud, conspiracy and submitting false documents to a federally insured bank in Topeka, KS, David C. Wittig, chairman and CEO of Westar Energy Inc. resigned last week, two weeks after being put on unpaid administrative leave (see Power Market Today, Nov. 15; Nov. 8).
December 2, 2002
Wittig Resigns, Westar Names Former COO to Revive Company
Under indictment for fraud, conspiracy and submitting false documents to a federally insured bank in Topeka, KS, David C. Wittig, chairman and CEO of Westar Energy Inc. resigned over the weekend, two weeks after being put on unpaid administrative leave (see Power Market Today, Nov. 15; Nov. 8).
November 26, 2002
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