Everything and everyone now subordinates to derivative liabilities (financially speaking). The FDIC will be on the hook for any and all losses as these liabilities are systematically removed from bank balance sheets.
Countries have legislation in place to absorb this risk in the event a derivative meltdown occurs. Credit markets are shaky fear index's are moving up and big money is exiting the markets leaving retail exposed. Citigroup Crominbus wasn't an accident it was an insurance policy putting tax payers on the hook. That's my opinion anyway
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.