With A New Reserve bank Governor and Derivatives Clearing House Here is What Every Kiwi Should Know

We have waved goodbye to Bollard who did not see the 2008 crisis coming but do everything the same regardless and we will welcome a brand spanking new Governor (more on him in future posts), we will also see the birth of a brand spanking new Derivatives Clearing house (About which also more in future posts) with (don’t spit your morning tea out on your keyboard) a brand spanking new Derivative based on Milk solids.

So in order to be prepared for higher milk prices and speculation another one of lives necessities here is an interesting presentation on the dangers of Derivatives:

Janet Tavakoli: Understanding Derivatives and Their Risks

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