"The NAIC white paper is as great a threat to the derivatives community as anything in my career."--Philip McBride Johnson, head of the exchange-traded derivatives practice at Skadden, Arps, Slate, Meagher & Flomin Washington, commenting on the insurance commissioners' paper that classified weather derivatives as insurance contracts.
"The NAIC white paper is as great a threat to the derivatives community as anything in my career."--
