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Showing posts with label Impending Financial Disaster. Show all posts
Showing posts with label Impending Financial Disaster. Show all posts
Thursday, December 30, 2010
"Derivatives Clearing Group Decides Against Registration"
The world's biggest semi-secret scandal. When the derivatives bubble pops, you will see an implosion that you can hardly imagine. There will be no bailout big enough to slow down that calamitous fall. A small excerpt for analysis and commentary, "The world’s largest clearinghouse for credit-default swaps, ICE Trust, has had second thoughts about registering with regulators, citing concerns over new rules devised to bring transparency to the $600 trillion derivatives market." Repeat...$600 Trillion
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