Share on Google Plus Share on Twitter Share on Facebook 5 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 6 (11 Shares)  
Printer Friendly Page Save As Favorite View Favorites View Stats   No comments

Tyler Durden: Five Banks Account For 96% Of The $250 Trillion In Outstanding US Derivative Exposure

Quicklink submitted by Scott Baker     Permalink
Related Topic(s): ; ; ; ; ; , Add Tags

View Ratings | Rate It

opednews.com Headlined to H2 4/2/12

Become a Fan
  (69 fans)


At www.zerohedge.com

The latest quarterly report from the Office Of the Currency Comptroller is out and as usual it presents in a crisp, clear and very much glaring format the fact that the top 4 banks in the US now account for a massively disproportionate amount of the derivative risk in the financial system. Specifically, of the $250 trillion in gross notional amount of derivative contracts outstanding (consisting of Interest Rate, FX, Equity Contracts, Commodity and CDS) among the Top 25 commercial banks (a number that swells to $333 trillion when looking at the Top 25 Bank Holding Companies), a mere 5 banks (and really 4) account for 95.9% of all derivative exposure...

Read the rest of the story HERE:

At www.zerohedge.com

- Advertisement -
- Advertisement -

 

Comments

The time limit for entering new comments on this Quicklink has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
No comments