Chris Thorpe's letter to the editor: Wall Street Journal

Below is a letter that Chris Thorpe submitted to the editor of the Wall Street Journal on Tuesday. The original op-ed is available at: Click Here

Sir,

The Dodd-Frank bill should do Main Street a favor. The proposal to move derivatives to the exchange will help avoid Enron-like disasters in the commodity and derivative transactions in the United States as well as its trading counter parties. For those main street customers holding derivatives with BP, I rest my case. For consumer hedgers that fear collateral capital risk, the Dodd-Frank bill clearly defines a carve-out for consumer hedgers.

Chris Thorpe, CFA
Managing Member, HCEnergy, LLC
New York, NY