Big Banks Release Living-Will Plans
Posted: Wed Jul 11, 2012 5:03 pmIts going to get really really ugly isnt it.
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Big Banks Release Living-Will Plans
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Posted: Wed Jul 11, 2012 5:03 pmRe: Big Banks Release Living-Will Plans
Posted: Wed Jul 11, 2012 5:33 pmRe: Big Banks Release Living-Will Plans
Posted: Wed Jul 11, 2012 6:38 pmmongo wrote:Its going to get really really ugly isnt it.
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should go something like this.....
http://www.youtube.com/watch?v=ptQS2h5zwyM
Re: Big Banks Release Living-Will Plans
Posted: Wed Jul 11, 2012 7:33 pmYou might be wonder why would the banks have a living will, other than the new regulations call for it....Well 95% of all U.S. derivatives are monopolized by just five megabanks and their holding companies.
Financial Derivatives Explained in Ten Minutes
http://www.youtube.com/watch?v=UtwHz7xQZNI
So how big is the total derivatives market? Well it is $700 trillion! That is more than 10 times the GDP of the entire world and equivalent to $100,000 for each of the 7 billion inhabitants of our planet.
The trading loss that wiped out $39 billion of JPMorgan Chase & Co. (JPM)’s market value is peanuts.
The fuse has been lit. Too bad this is true! http://www.youtube.com/watch?v=4TlPo0yCSa4
Financial Derivatives Explained in Ten Minutes
http://www.youtube.com/watch?v=UtwHz7xQZNI
So how big is the total derivatives market? Well it is $700 trillion! That is more than 10 times the GDP of the entire world and equivalent to $100,000 for each of the 7 billion inhabitants of our planet.
The trading loss that wiped out $39 billion of JPMorgan Chase & Co. (JPM)’s market value is peanuts.
The fuse has been lit. Too bad this is true! http://www.youtube.com/watch?v=4TlPo0yCSa4