[uncommonsense]

Maybe the banks don't need to have $380 trillion of derivatives in their portfolio...

[Wolfie]

Better to them run wild and bail them out later, you betcha.

[dirtboy]

Give the banks two options - keep the derivatives and add the reserves, or unwind most of them and they won't need to add the reserves.

Plan C and D are probably what the banks are counting on instead - more QE and federal bailouts.

[Max in Utah]

...derivatives, which are financial contracts that banks and investors use to bet on interest rates, stock prices, creditworthiness of corporations and the like.

Would the term "casino economy" apply to what they're doing with these "bets?"

[Max in Utah]

...derivatives, which are financial contracts that banks and investors use to bet on interest rates, stock prices, creditworthiness of corporations and the like.

Would the term "casino economy" apply to what they're doing with these "bets?"

[Graewoulf]

Obamanation Communism File.