GOLD gold futures
Add to My Watchlist 0.51% ! $1,391.7

fuse lit on jpms $trillion interest rate swaps

  1. hippo567
    1,014 Posts.
    lightbulb Created with Sketch. 189
    clock Created with Sketch.
    25/05/12
    11:04
    Post #: 10222690
    Jim Willie has attributed the JP Morgan losses to Interest Rate Swaps gone bad, triggering an irreversible chain-reaction in multi-trillion-dollar derivatives.

    "But the WSJ revealed something more important, that the loss stemmed from the Delta-Hedging program that involves the Interest Rate Swap contracts in their vast derivative book"

    A must read:

    US T-BOND TOWER OF BABEL TEETERS
    Value at posting: $0.00
    Likes Created with Sketch. 5  Upvote
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Strong Rock Chip Assays Include 18.4g/t Au from Waitekauri
right-arrow Created with Sketch.
ACW Actinogen Confirms 100th Participant in Alzheimer’s Disease Trial and Interim Analysis Timeline
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back
right-arrow Created with Sketch.
NEWS 30,000m Diamond Drilling Commences at Napie Gold Project
right-arrow Created with Sketch.
AFP Combogesic IV Launches in Canada and R&D Shows Significant Advances
right-arrow Created with Sketch.
NEWS Progress in Phelan-McDermid Syndrome Program to Be Presented at PMS Global Congress
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.