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OCC's Quarterly Report on Bank Trading and Derivatives Activities - Third Quarter 2008: $175.8 Tril

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posted on Feb, 14 2009 @ 06:41 PM
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209.85.173.132...
GpgnUGkYR4J:www.occ.treas.gov/ftp/release/2008-152a.pdf+bank+derivatives+us+totals&hl=en&ct=clnk&cd=1&gl=us

pdf



U.S. commercial banks reported $6.0 billion of trading revenues in cash and derivative instruments in
the third quarter of 2008, compared to $1.6 billion in the second quarter of 2008 and a $2.2 billion
average over the past eight quarters.
• Net current credit exposure increased 7% from the second quarter to $435 billion, a level 73% more
than the $252 billion exposure of a year ago.
• The notional value of derivatives held by U.S. commercial banks decreased $6.3 trillion in the third
quarter, or 3%, to $175.8 trillion.
• Derivative contracts remain concentrated in interest rate products, which comprise 78% of total
derivative notional values. The notional value of credit derivative contracts increased by 4% during the
quarter to $16.1 trillion. Credit default swaps comprise 99% of credit derivatives.


There are the top 5 banks holding most of these. see entire report.
the banks? LET THEM FAIL!!

[edit on 14-2-2009 by imd12c4funn]

[edit on 14-2-2009 by imd12c4funn]

[edit on 14-2-2009 by imd12c4funn]

[edit on 14-2-2009 by imd12c4funn]




posted on Feb, 14 2009 @ 06:58 PM
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losing 3% of your assets isnt exactly a failure

its more like a small bump in the road

wow this really shows how this "crisis" is totally Hyped and Overrated

why are they trying to FAKE a credit crisis?

hahhaa the money system is so fake, they can fake it tanking when in fact its not tanking at all
hahaha



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