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The Economy Cannot Recover Until ...

Discussion in 'Finance & Banking' started by Tropo, 13th Dec, 2010.

  1. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
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    JP Morgan Chase, Bank of America, Goldman Sachs, Citigroup, and Morgan Stanley together hold 80% of the country's derivatives risk, and 96% of the exposure to credit derivatives.
    Experts say that derivatives will never be reined in until the mega-banks are broken up.... The Economy Cannot Recover Until the Big Banks Are Broken Up