摘要：There was much of pointing fingers in the wake of the 2008 Global Financial Crisis. Economists, politicians and the financial industry itself dwelled to assign blame to what is considered to be the most damaging economic crisis since the 1930s Great Depression. Undoubtedly, the over-counter- derivatives market has been target for criticism on different fronts and cast into the limelight. Ruthless press articles condemning OTC instruments only helped to fuel the rage and social discontent of the thousands of unemployed that emerged after the crash, while regulators and policy makers seized the opportunity to publicly express their disapproval by sentencing the alleged opaqueness and complexity of derivative products, while they themselves were the ones who pushed for de-regulation and less stringent market oversight of what were back then considered “innovative products and good for society”.
