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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (734)8/11/2007 7:19:42 AM
From: Paul Kern   of 71456
 
Could it be $30 Trillion notional CREDIT derivatives?

Who holds the IRSs and CDSs? Have the been quietly collecting the premiums and are now declaring bankruptcy and disappearing the moment they are called on to pay up?

Some of these small hedge funds consist of a file folder in an attorney's office in the Cayman Islands or the Channel islands and a bank account in Vanuatu.

aaa-offshore-shelf-companies.com
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