Good find. My read is that the schemes they came up to keep printing dollars and to manipulate the entire financial system is finally getting out of control. Derivatives was the primary means of controlling prices and much of it was off the books according to people like Greg Mannarino. It looks like now they are getting ready to throw their own schemes under the bus and pretend like it never happened.

This is probably far more scarier than the actual missing dollars Fitts talks about, because derivatives can destroy not just itself but everything it touches on.