“Since the 1970S, financial innovations such as the securitisation of mortgage debt and the spreading of investment risks through the creation of derivative markets, all tacitly (and now, as we see, actually) backed by state power, have permitted a huge… — David Harvey Copy Share Image
The credit derivative market would never have evolved but for the preexistence of the derivative markets because so much of the technology was borrowed. — Blythe Masters Copy Share Image
