Relevant:
- How (And Why) Banks Increased Total Outstanding Derivatives By A Record $107 Trillion In 6 Months
- Details Of The $291 Trillion In Derivatives To Which American Taxpayers Are Exposed
- Derivatives Market Grows to $596 Trillion on Hedging
- Bailed Out Citigroup Is Going Full Throttle into Derivatives that Blew Up AIG
- Merkel Says No Aid for Deutsche Bank; Derivatives And Fines Loom -- Depositor Bail-In Inevitable?
2015-01-08 — nakedcapitalism.com
``So why did Elizabeth Warren lose her battle last month to stop banks from continuing to park $7 trillion notional value of risky derivatives like the credit defaults swaps in taxpayer-backstopped depositaries? One of the less well-recognized reasons is that the CBO's dubious analysis said it would not cost taxpayers a dime.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.