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popeyej

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popeyej

Re: langlui post# 14456

Monday, 09/15/2008 5:06:00 PM

Monday, September 15, 2008 5:06:00 PM

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They may not. I just do not have any idea how they are going to get out of the over two-trillion in derivatives that they have taken on. Derivatives are nothing more than a gamble for riches that backfired on the banks. There are currently 1.28 quadrillion in derivatives that financial institutions are holding. That is 1,280,000,000,000,000.
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