All Posts Tagged With: "trillions"
Big Bank Derivative Bets Nearly Double In Six Years
America’s major banks now hold derivatives with a notational worth of $225 trillion – about a third of the world total. No kidding. Trillion. And that’s up from a mere $120 trillion six years ago. Rather than being weened off derivatives, America’s big banks are more deeply entrenched then ever. Hopefully Wall Street has it figured [...]
4Oct2012 | Peter G. Miller | 1 comment | Continued
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