Representative Dave Reichert (R-WA 8th)
3rd-term Republican from Washington.
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Letters To Leaders
All messages are published with permission of the sender. The general topic of this message is Financial Services:
Subject:
We MUST tightly regulate the OTC derivative market

To:
President Barack Obama
Sen. Patty Murray
Sen. Maria Cantwell
Rep. Dave Reichert

October 27, 2009

Having just watched the Frontline program on how the government failed to regulate OTC Derivatives, even AFTER they almost caused economic collapse in 1998, I DEMAND that you quickly regulate this market. How can you stand by and let the American people be held hostage to the very cause of the greatest crash since the Great Depression?I am an American who is watching my future collapse while the unabashed greed on Wall Street continues unabated. What in God's name are you thinking? I dread the catastrophic reaction if this market is allowed to crash our economy again.

http://www.pbs.org/wgbh/pages/frontline/...

Sammamish , WA

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