Given the incredible amout of deivitives the biggest banks are holding, for instance:
JP Morgan over 61 TRILLION$; Goldman Sachs over 50 TRILLION$;Citibank over 46 TRILLION$; Bank of America over 23 TRILLION$...
ALL of the biggest banks are holding trillions of dollars worth of deriviives and it goes down a long list of derivitive holders holding mere billions in derivitives.
There's no bailing that out, the waterproof barriers, like the Titanic, are not built right.
Given the incredible amout of deivitives the biggest banks are holding, for instance: JP Morgan over 61 TRILLION$; Goldman Sachs over 50 TRILLION$;Citibank over 46 TRILLION$; Bank of America over 23 TRILLION$... ALL of the biggest banks are holding trillions of dollars worth of deriviives and it goes down a long list of derivitive holders holding mere billions in derivitives. There's no bailing that out, the waterproof barriers, like the Titanic, are not built right.