| The banksters are at it again, trading derivatives in the $600 Trillion market to record profits, with no accountability, & no way to cover their ever-increasing bets. Get ready for meltdown II. The largest TBTF banks hold 97% of derivatives. |
Office of the Comptroller of the Currency: Kevin M. Mukri: OCC Reports Second Quarter Bank Trading Revenue of $5.2 BilliQuicklink Submitted By Scott Baker No comments
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| The banksters are at it again, trading derivatives in the $600 Trillion market to record profits, with no accountability, & no way to cover their ever-increasing bets. Get ready for meltdown II. The largest TBTF banks hold 97% of derivatives. |
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Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a former blogger for Huffington Post, Daily Kos, and Global Economic Intersection.
His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/
Scott is a former and current President of Common Ground-NY (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of (more...)
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