5 U.S. Banks Each Have More Than 40 Trillion Dollars In Exposure To Derivatives

theeconomiccollapseblog.com/archives/5-u-s-banks-each-have-more-than-40-trillion-dollars-in-exposure-to-derivatives

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Comptroller Of The Currency: Four Of The Largest US Banks (Total Exposure To Derivatives) $207 Trillion And Growing (Total Assets) Around $4.7 Trillion

theeconomiccollapseblog.com/archives/5-u-s-banks-each-have-more-than-40-trillion-dollars-in-exposure-to-derivatives

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Comptroller Of The Currency: Four Of The Largest US Banks (Total Exposure To Derivatives) $207 Trillion And Growing (Total Assets) Around $4.7 Trillion Originally Posted by SEE3772

Fuck it as long as the US government doesn't guarantee against losses to the "investors" and it is properly regulated, who gives a shit if a private bank fails and depositors are made whole up to the limits (500,000 now?) ? It won't destroy the world, even if it does creates temporary chaos, but at some point there is a buyer for everything at the right price, and life goes on.

After banks get into trouble with playing around with this shit and the markets cratered congress passed laws to prevent this again. Note the republican party wants to repeal those laws do the banks can make the same mistake again

Now that he has thrown out a few scary-looking links, perhaps SEE3772 can explain how "exposure" to derivatives is measured, whether it represents the amounts actually at risk to banks and counter-parties, whether it is correct or meaningful to aggregate different categories of derivatives into a single "exposure" number, and whether such a number takes account of offsetting derivative positions and hedges to derivative books.

Duh??

After banks get into trouble with playing around with this shit and the markets cratered congress passed laws to prevent this again. Originally Posted by BigLouie

Yeah bigphooey, they fixed it all right. More regulation is always the answer. Never let a crisis go to waste.