Forbes (March 30)
2012/ 03/ 31 by jd in Global News
Derivatives contributed to the last financial crisis and “may still endanger the financial system.” Based on FDIC records, U.S. banks hold derivative instruments with “a nominal value of $250 trillion – or about 150 times the aggregate balance sheet equity of these same banks.”
Tags: Banks, Derivatives, FDIC, Financial Crisis, U.S.
