with financial deregulation and critically had huge concerns about unregulated markets called o.t.c. markets or dark markets that sound scary as it should because these were bets on what a stock might be worth in the future be it a day or year or a month or more regulators or had no view was taking place they had no view as to what was taking place and nobody knew what or how much was being wagered nor the exposure the risk that is of the entities engaged in the trading so chair borne work with the p.w.g. the president's working group which included secretary of treasury and chairs of the federal reserve securities and exchange commission and herself the c f t c but none of the others were concerned about dark o.t.c. markets after all clinton nomics was about deregulating not regulating but chair borne didn't let up to see if he issued a proposal just a proposal on how the dark o.t.c. markets might be regulated in a thoroughly unusual unprecedented fashion the other members of the p.w.g. trashed it within hours of its release for her troubles president clinton replaced or the new chair had n