Goldman Sachs (GS) and JPMorgan (JPM) have sold CDS protection on more than $5T of debt around...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

Goldman Sachs (GS) and JPMorgan (JPM) have sold CDS protection on more than $5T of debt around the globe, just don't expect to get detail on whom it was sold, who the counterparites are, or how the banks have hedged themselves (perfectly if you ask the banks). Only a run - similar to what has occurred to Jefferies (JEF) - is likely to force them to divulge any more information.