monday1929

Derivatives: Just One Reason to Short the Banks

Can we all assume you are being sarcastic about the "balanced banks" holdings?


On Mar 30 05:08 AM balabanovj wrote:

> Derivatives come in many forms. For Marc to say that these are huge
> liabilities to the banks carrying them, without knowing the balance
> of derivative that they hold is pure ignorance. If the derivatives
> are well spread, there is no reason for worry, and I doubt the portfolios
> of BAC or even C are anything but balanced.
>
> JBB