Derivatives: Darth Vader's Revenge Message Board

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Non-Tech : Derivatives: Darth Vader's Revenge

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To: Worswick who wrote ()	6/14/1999 9:14:00 AM
From: Worswick	Read Replies (1) of 2794

Mabye this will light you all up. It should. Our little local banks here in NYC have $25 trillion plus of interest rate "products" outstanding on their books as of this moment (source: the NY Times). But not to worry their eqity capital exposure is only 3% according to the NY Times. Do the math kids. What is the top number anyone gets for the equity capital of the top 5 NY banks? It's going to be a long hot summer possibly full of hubris. Berst to you, clark

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