Relevant:
- With LIBOR Dead, $400 Trillion In Assets Are Stuck In Limbo
- Nikkei Surges As BOJ Injects Another ¥3.5 Trillion: Just Add It To The Existing ¥23 Trillion Plunge Protection Tab
- How (And Why) Banks Increased Total Outstanding Derivatives By A Record $107 Trillion In 6 Months
- Credit Default Swaps and Bank Leverage
- The $289 Trillion Problem
2012-03-10 — kingworldnews.com
``"The BIS confirms, in the area of CDS's the total outstanding is approximately $37 trillion. So I believe the reports being given about this just being a small and modest market event is false. As a market observer and having more than 50 years in the business, the real number is at least 50% or more of the existing $37 trillion that is related to Greece.
''
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.
