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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: patron_anejo_por_favor who wrote (101553)2/22/2009 11:29:25 AM
From: Skeeter Bug   of 110194
 
Patron, here is the current CDS and total derivative exposure of three major banks...

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BAC has as much as $38.2 trillion in derivatives exposure and $3.4 trillion in CDS

C has as much as $40.0 trillion on derivatives exposure and $2.5 trillion in CDS

JPM has as much as $92.0 trillion in derivatives exposure and $9.5 trillion in CDS
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i pulled that from an articel that appeared in google finance news.

i've heard total derivative exposure is over $500 trillion.

you may well be right that total CDS exposure is in the $30 trillion range as the early estimates were based on limited information and the bigger the number, the more scared people would get and the bigger the crisis appeared so government could take advantage of it.
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