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CMOC Asks Major Businesses to Explain Why They’re Fighting Reform

Submitted by on May 11, 2010 – 11:31 am

As the U.S. Senate debates measures to hold Wall Street accountable for the financial crisis, Commodities Market Oversight Committee (CMOC) supported a letter that hedge-fund manager Michael Masters has written to some of the nation’s biggest businesses asking them explain why they are siding with the biggest banks – and against their own interests – on derivatives reform.

Click here to read one such letter sent to Procter & Gamble.

See page 3 of this letter (pdf) from CMOC for a full list of the businesses involved.

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