$303 Trillion in Total Derivatives

As of June 30th, 2014, U.S. Banks are reportedly holding $303 trillion in derivatives: The latest spending bill puts the taxpayer on the hook for the above derivatives.  Of course Citibank helps Congress out by suggesting language for the Cromnibus Bill: 2015 may be a year of Black Swans.  Keep the cupboard full so that … Continue reading $303 Trillion in Total Derivatives