Republicans could support a Democratic proposal to limit trading of derivatives, Sen. Richard Shelby, R-Ala., said today on "Good Morning America."
"That might be a good idea," the ranking member on the Senate Banking Committee said. "I haven't seen all the details of it, but I can tell you when they use other people's money, especially when they rely on the taxpayer to do this kind of risk-taking, if something goes wrong they take the whole system down. We don't need this."
Derivatives, or...Full Story