To: PieterCasparzen
Well the article may not mention it but the fed reserve (taxpayers) are holding the bag on about 60 trillion in derivatives. Banks handed them over to us. Add that to the national debt number.
To: TigerClaws
Add that to the national debt number. Notional value is like debt? Great, tell me who loaned those banks $60 trillion? Thanks!
9 posted on
11/27/2011 8:41:49 PM PST by
Toddsterpatriot
(Math is hard. Harder if you're stupid.)
To: TigerClaws
"Well the article may not mention it but the fed reserve (taxpayers) are holding the bag on about 60 trillion in derivatives. Banks handed them over to us. Add that to the national debt number."What's your source on that? Are you talking about derivatives still owned by U.S. banks where the banks are FDIC insured? And the bank would have to fail in order for the U.S. to pick up the assets.
10 posted on
11/27/2011 8:41:49 PM PST by
DannyTN
To: TigerClaws
60 trillion and have lent 16 trillion to EU banks. 5 dollar 10oz can of coke on the way.
39 posted on
11/28/2011 5:23:32 AM PST by
org.whodat
(Just another heartless American, hated by "AMNESTY" Newt, Willard, Perry and his fellow supporters.)
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