Comments on: Federal Reserve Now Backstopping $75 Trillion Of Bank Of America's Derivatives Trades https://www.eutimes.net/2011/10/gorbachov-calls-for-global-governance-in-response-to-wall-street-protests/ We deliver exclusive hidden news that you won't just find anywhere, information that nobody wants you to know about. Updated 1 minute ago. Mon, 07 Nov 2011 18:01:52 +0000 hourly 1 https://wordpress.org/?v=6.4.3 By: Craig https://www.eutimes.net/2011/10/gorbachov-calls-for-global-governance-in-response-to-wall-street-protests/comment-page-1/#comment-35635 Mon, 07 Nov 2011 18:01:52 +0000 http://www.eutimes.net/?p=17720#comment-35635 MF Global had quite a few of the smartest men in the financial industry managing their assets. They also had access to the ultimate insider info, because their CEO, Jon Corzine, was a Federal Reserve Bankster insider. So, how could so many of the nation’s brightest make such boneheaded decisions?

Once again I want to emphasize that for every loser in the financial derivatives market, there is an equal and opposite winner, making tons of cash.

Since 70% of the 1500 trillion dollar derivatives market is bets against interest rates going up or down, one would think that the former Chairman of Goldman Sachs would have some kind of clue on what the banksters were doing with interest rates. Some would argue that the loss of $40 billion dollars was a huge mistake. I would argue that there are no mistakes when it comes to the Satanic Psychopaths!

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]]> By: Jean-Francois Morf https://www.eutimes.net/2011/10/gorbachov-calls-for-global-governance-in-response-to-wall-street-protests/comment-page-1/#comment-35242 Wed, 26 Oct 2011 17:48:32 +0000 http://www.eutimes.net/?p=17720#comment-35242 USA banks must now buy trillions EUR debts of the PIIGS, or they could loose quadrillion $ derivative bets!

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]]> By: Jean-Francois Morf https://www.eutimes.net/2011/10/gorbachov-calls-for-global-governance-in-response-to-wall-street-protests/comment-page-1/#comment-34909 Mon, 24 Oct 2011 08:02:13 +0000 http://www.eutimes.net/?p=17720#comment-34909 CDS and PUT derivatives should be forbidden, because they have huge adverse effects: Media mogul multi-billionaires speculators bought massively to many market makers CDS on PIIGS, and PUT options on market makers stocks. Then they published 2 millions times the self-fulfilling prophecy that the PIIGS would go bankrupt. Then their self-fulfilling prophecy came true, and they won $ 75 Trillions, at cost of the market makers! Now the government should let the market makers go bankrupt!
Market makers have created from nothing a quadrillion $ derivatives, and this is a forbidden liquidity creation, so all derivatives should be declared illegal! QDE.
An other historical perverse effect: When BP had his oil spill, all “big oil” peoples bought massively 3 month PUT options on the 3 concerned stocks. After that, nobody had interest to quickly fix the oil spill, because the more they waited, the more the 3 concerned stocks fell, so the more they won with their PUT options! As by chance, the oil leak was stopped just after the end of the 3 month PUT options validity! But the market makers banks had lost huge money: the money that the “big oil” directors had won! You understand now why the BP CEO was so bizarre, trying stupid methods that had no chance to stop the leak! CDS and PUT are perverse products!

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