Originally posted by Ex_MislTech
Ppl are starting to realize that they have been hiding debt in the
market on the UNREGULATED OTC market and calling it derivatives
to make their books look better.
I know. I've been warning people about
CDS and other derivatives for awhile now.
Many laugh at the numbers because they're so massive, say it's impossible that the figures could be so high, say there isn't enough money in the
world to manage that.
After all the money spent on bailing out the banks, maybe more people will be able to grasp the derivatives market.
|