muses of the moment

April 19, 2012


Filed under: Credit Derivatives, Dollar Crisis, MF Global bankruptcy, The Banking Crisis — totallygroovygirlfriday @ 1:43 am

I found some links regarding the derivative market and possible changes in that market:

  • American Taxpayers are exposed to $291 trillion in derivatives. Click here.
  • Easing rules on derivatives. Click here. (And don’t forget about that Jobs bill, 5-year extension on producing audit-able financials. In gg’s mind, banks can create new satellite investing companies that can hide any number of derivatives, naked shorts, etc. and no one will know.)

More misc news:

  • China to allow banks to short dollars. Click here.¬† (That Asian reserve fund will come in handy for this market.)
  • Grab your popcorn, the Senate Banking Committee will hold hearings on MF Global. Click here.

Blog at