The Securities Litigation Expert Blog

The Derivatives Timebomb?

Posted by Jack Duval

Jan 19, 2013 6:39:00 AM

This blog post continues our expert analysis of complex investments and their regulation.

I just came across this CNBC discussion with Barry Ritholtz on global derivatives.  The numbers are staggering:
    • Global derivatives total $230 trillion;

    • That represents 5X global GDP;

    • 95% of the contracts are held at four US banks:  JPM, BAC, C, GS


Here's the video:

 

 

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Topics: JPM, Swaps, CNBC, investments, C, GS, derivatives, Complexity

CNBC Interview with Janet Cowell, NC State Treasurer, on LIBOR Swaps

Posted by Jack Duval

Sep 13, 2012 5:44:29 AM

Here's the link to the CNBC video.

Madame Cowell thinks the LIBOR settlement could be bigger than the mortgage settlements.

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Topics: Swaps, CNBC, LIBOR, litigation, Janet Cowell, video

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