![Derivative / Late-2000s financial crisis / Financial market / Futures contract / Risk / Over-the-counter / Derivatives market / Economics / Financial economics / Finance Derivative / Late-2000s financial crisis / Financial market / Futures contract / Risk / Over-the-counter / Derivatives market / Economics / Financial economics / Finance](https://www.pdfsearch.io/img/9b4a3aa37304ecfb95c9ba3973e66737.jpg) Date: 2012-12-18 12:38:06Derivative Late-2000s financial crisis Financial market Futures contract Risk Over-the-counter Derivatives market Economics Financial economics Finance | | A Reflection on Financial Markets Leo Melamed Forty years ago, in 1972, at the launch the International Monetary Market, IMM, I was acutely aware that we were embarking unto uncharted waters. We were introducing a revolu
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