Tag Archives: Derivatives

The Size Of The Derivatives Bubble Hanging Over The Global Economy Hits A Record High

Posted on May 27, 2014 by DRenegade

by Michael Snyder The global derivatives bubble is now 20 percent bigger than it was just before the last great financial crisis struck in 2008.  It is a financial bubble far larger than anything the world has ever seen, and … Continue reading →

Posted in Editorial, Financial | Tagged , | Comments Off on The Size Of The Derivatives Bubble Hanging Over The Global Economy Hits A Record High

Billionaire Issues Chilling Warning About Interest Rate Derivatives

Posted on August 6, 2013 by DRenegade

Will rapidly rising interest rates rip through the U.S. financial system like a giant lawnmower blade?  Yes, the U.S. economy survived much higher interest rates in the past, but at that time there were not hundreds of trillions of dollars … Continue reading →

Posted in Editorial, Financial | Tagged | Comments Off on Billionaire Issues Chilling Warning About Interest Rate Derivatives

JPMorgan’s Alabama Debacle Set to Cost Bank $1.6 Billion

Posted on June 5, 2013 by DRenegade

J.P. Morgan might lose $1.6 billion to cover up a derivatives’ scandal? What about the remaining $1.2 quadrillion in derivatives that are still being covered-up? David DeGerolamo Jefferson County, Alabama JPMorgan Chase & Co. may see as much as $1.6 billion … Continue reading →

Posted in Editorial, Financial | Tagged , , | Comments Off on JPMorgan’s Alabama Debacle Set to Cost Bank $1.6 Billion

ISDA Caught Up in EU Probe of Credit-Default Swap Data

Posted on April 26, 2013 by DRenegade

The International Swaps & Derivatives Association, a financial industry derivatives group, is being probed as part of a European Union antitrust investigation into how data on credit derivatives is shared. Regulators found “indications that ISDA may have been involved in a coordinated … Continue reading →

Posted in Editorial, Financial | Tagged , | Comments Off on ISDA Caught Up in EU Probe of Credit-Default Swap Data

US Deposits In Perspective: $25 Billion In Insurance, $9,283 Billion In Deposits; $297,514 Billion In Derivatives

Posted on March 19, 2013 by DRenegade

Earlier today, the American Banking Association reminded Americans that there is absolutely nothing to worry about when it comes to the sanctity of US deposits: after all there is a whopping $25 billion in the FDIC insurance fund which means … Continue reading →

Posted in Editorial, Financial | Tagged , , | Comments Off on US Deposits In Perspective: $25 Billion In Insurance, $9,283 Billion In Deposits; $297,514 Billion In Derivatives

Italy’s Top Bank Lobbyist Resigns After Derivatives Disclosures

Posted on January 22, 2013 by DRenegade

Former Banca Monte dei Paschi di Siena SpA Chairman Giuseppe Mussari quit as Italy’s top banking lobbyist as scrutiny of the lender’s use of derivatives deepens. The resignation is effective immediately, he said in a letter posted to the Italian Banking Association today. He leaves … Continue reading →

Posted in Editorial, Financial | Tagged , , , | Comments Off on Italy’s Top Bank Lobbyist Resigns After Derivatives Disclosures

US Derivative Exposure, Reality and the Little Worm in Back of the White House

Posted on January 14, 2013 by DRenegade

Note the little man standing in front of white house. The little worm next to last football field is a truck with $2 billion dollars denoting the amount of notional derivative contracts. There is no government in the world that has … Continue reading →

Posted in Editorial, Financial | Tagged , , , , | Comments Off on US Derivative Exposure, Reality and the Little Worm in Back of the White House

JIM SINCLAIR: IMF STATES ENTIRE DERIVATIVES MARKET IS A WMD TIME BOMB

Posted on January 3, 2013 by DRenegade

Gold and derivatives expert Jim Sinclair has sent subscribers an alert this morning warning on the severity of the global derivatives market, which Sinclair has dubbed the Global Derivative Graveyard Problem. The IMF, which currently estimates the global derivatives market … Continue reading →

Posted in Editorial, Financial | Tagged , | Comments Off on JIM SINCLAIR: IMF STATES ENTIRE DERIVATIVES MARKET IS A WMD TIME BOMB

How Will This Impact the Derivatives Market?

Posted on April 26, 2012 by DRenegade

I assume the holidays season is May 1st. Do you think Russia knows something that we do not know? David DeGerolamo Initial Margin requirement on the MICEX-RTS derivatives market to be increased for the holidays season Please be advised that … Continue reading →

Posted in Editorial, Financial | Tagged , , | 1 Comment

Derivatives, US Banks and Reality

Posted on April 19, 2012 by DRenegade

Visualizing America’s Derivatives Universe A month ago, we presented the latest derivatives update from the OCC, according to which the Top 5 US banks held 95.7%, or $221 trillion of the entire US derivative universe (which in turn is just a modest portion … Continue reading →

Posted in Editorial, Financial | Tagged , | Comments Off on Derivatives, US Banks and Reality

So what happens IF something does fail in the “Too Big To Fail” mindset of our economic experts?

Posted on March 27, 2012 by DRenegade

As the banks go, so does the country. Even when a Communist is in charge of the United States, he must realize that the banks control our fate. A king cannot be king with no subjects and no president wants … Continue reading →

Posted in Editorial, Financial | Tagged , , , , , | Comments Off on So what happens IF something does fail in the “Too Big To Fail” mindset of our economic experts?

This Is the Economic Trigger

Posted on November 17, 2011 by DRenegade

The “serious risk” outlined by Fitch Ratings concerning the exposure of U.S. banks to Europe’s contagion is much worse than what is being reported below. There is no “IF” but only a matter of time “WHEN” our banks will fail … Continue reading →

Posted in Editorial, Financial | Tagged , , , , | Comments Off on This Is the Economic Trigger

This Is What It Is All About

Posted on October 27, 2011 by DRenegade

John Corzine took control of MF Global in March 2010. In eighteen months, his speculation on European derivatives drove the credit rating of this 200 year old company to junk status. Greed and power suited this former New Jersey governor … Continue reading →

Posted in Editorial, Financial | Tagged , , , | Comments Off on This Is What It Is All About