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  • Wall Street Breakfast: Must-Know News [View article]
    OTC dérivatives wrong number!!!!

    www.isda.org/

    Regular OTC Derivatives Market Statistics
    19 May 2009

    The BIS is releasing today its semiannual statistics on positions in the global OTC derivatives market for end-December 2008. The statistics cover the notional amounts and gross market values outstanding of the worldwide consolidated OTC derivatives exposure of major banks and dealers in the G10 countries.

    The total notional amount of over-the-counter (OTC) derivatives contracts outstanding was $592.0 trillion at the end of December 2008, 13.4% lower than six months earlier. The decline is the first since collection of the data began in 1998. Credit market turmoil and the multilateral netting of contracts led to a contraction of 26.9% in outstanding credit default swaps (CDS). The second half of 2008 also saw the first significant decline of OTC derivatives contracts outstanding in the interest rate market (8.6%) and in the foreign exchange market (21%).

    Despite the drop in amounts outstanding, movements of financial market prices in the second half of 2008 lifted gross market values 66.5%, to $33.9 trillion. Gross market values measure the cost of replacing all existing contracts and are thus a better measure of market risk than notional amounts outstanding.

    The statistical release cites the following trends in the second half of 2008:

    * CDS volumes continued to contract
    * Commodity derivatives markets declined by two thirds
    * The market value of interest rate products almost doubled

    Comprehensive explanatory notes in the release define the coverage of the statistics and the terms used in presenting them.
    Oct 08 12:56 pm |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Mark-to-market changes
    is the worse manipulation banksters have been done with administration help.
    toxics assets value are close to zero, now they are able to increase and sell these ones to Fed payable with taxmoney payers.
    well done !!!!! but not for long time.
    Apr 03 10:21 am |Rating: +1 -2 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    G-20
    sarkosy is like king or emperor ( napoleon), small guy, nervous and completly inefficiant to understand and resolve financial crisis.
    promise many things, do nothing!!!
    Apr 01 10:08 am |Rating: +2 -5 |Link to Comment
  • The Financial Crisis Is Escalating Out of Control [View article]
    you have competition with english governement about debt, but ratio by people:

    www.dailymail.co.uk/ne...

    amazing, no?
    Mar 28 13:58 pm |Rating: 0 0 |Link to Comment
  • The Financial Crisis Is Escalating Out of Control [View article]
    guess: why none of banksters are yet in jail?
    everybody knows their name,no?
    where is the justice? at side of power?
    Mar 28 13:20 pm |Rating: +7 -2 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    National Debt $11,042,553,971,450.47 treas.gov
    New all-time high

    banksters, are you happy?

    www.treasurydirect.gov...
    Mar 19 16:39 pm |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    problem is; "Rambo" Fed , there are IV or V versions, they forecast the same ?
    Mar 19 08:41 am |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Geithner said "if we don't get the world moving with us,then we face some prospect of a deeper, longer lasting recession in the United States..
    this desaster come from US not the people but your financial sytem.
    sorry to taxpayers, US will pay for that, not all countries around the world.
    increase stimulus will be done by Geithner no one else!!!
    Mar 12 13:05 pm |Rating: +3 0 |Link to Comment
  • S&P P/E Ratio Is Low, But Has Been Lower [View article]
    nice graph, but 2009, 2010 get close to zero.
    US economy worse than 1929 I am affraid.
    Mar 05 08:52 am |Rating: +3 -3 |Link to Comment
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