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By Aline van Duyn
Published: August 11 2010 22:51 | Last updated: August 11 2010 22:51
The course is set but where will it lead? More than 100 rules to govern the trade in derivatives financial instruments are to be drawn up in the US alone over the next year
Ari Bergmann is putting the finishing touches to a course he will begin teaching at New York University in a few weeks. Yet, in spite of his best efforts, much of the curriculum cannot yet be written. That is because of a big battle that is about to explode, on Wall Street and in the deepest bowels of Washington.
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