Relevant:
- Derivatives Should Be Banned From Financial Markets - Rickards
- Market manipulation is the very purpose of derivatives
- Derivatives Markets Become Officially "Too Big To Fail" - Taxpayers, Get Ready To Pay For The Next MF Global
- U.S. Banks Bigger Than GDP as Accounting Rift Masks Risk
- Derivatives market faces biggest test
2013-03-25 — ritholtz.com
``If the big banks are manipulating the derivatives market, they could manipulate every other market on the planet. Given that the size of the derivatives market dwarfs the entire global economy, and given that derivatives are -- by definition -- not real assets, but paper abstractions loosely based upon real assets, manipulation of derivatives can drive asset prices up or down at whim.''
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.
