SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RockyBalboa who wrote (22048)8/14/2009 12:35:51 PM
From: Real Man  Read Replies (2) of 71456
 
That looks like a typo there, 600 Trillion notional is the total
size of OTC derivative markets, of which CDS is not the largest part.
That said, I am not sure Markopolos or the author of that
article knows the distinction between various types of
bilaterial contracts.

Otherwise he gets the broad picture quite right. I'm sure
the Fed, the Sec, the CFTC, the Treasury are well aware
of the existence of these markets, their potential
to blow up, their previous blow ups, and the way to fix them
with duct tape (printalot).

No need to blow a whistle there. -g-
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext