Jacob Marley
San Francisco, San Francisco, you're a muttering bum in a brown beat suit.
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posted 1 year ago
in
finance, markets, bloomberg, ftds, naked-short-selling
( 1 view | 1 jaa | reply )
Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity in 2007 $516trillion debt derivatives market by jacobmarley
“Notional amounts outstanding went up by 135% to $516 trillion at the end of June 2007 and gross market values of OTC derivatives, which refer to the cost of replacing all open contracts at the prevailing market prices, increased at more...
“The practice of defrauding investors by taking their money and refusing to delver the product they paid for has many names. Some call it market manipulation, some call it naked short selling, others call it failing to deliver, still others more...
“a red herring is a narrative element intended to distract the reader from a more important event in the plot, usually a twist ending.” They did it again, the bring in a $700B rescue plan and section 8 says no more...
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