New York Times Pushes False Narrative on the Wall Street Crash of 2008

``There is a wealth of stunning proof (like the chart above) that the biggest risk is asset concentration at four banks, along with insane levels of derivatives concentration. The OCC reported that as of the first quarter of 2015, JPMorgan Chase, Bank of America, Goldman Sachs (yes, it owns an insured bank) and the bailed out Citigroup hold 91.3 percent of all derivatives on the books of all 6,419 insured banks. The total amount of derivatives is a stunning $203.1 trillion, meaning that just these four banks, seven years after the greatest financial collapse since the Great Depression, are still holding $185 trillion in derivatives.  ''