Five Firms Hold 80% of Derivatives Risk

[sandwind]

"About 80% of the derivative assets and liabilities carried on the balance sheets of 100 companies reviewed by Fitch were held by five banks: JP Morgan Chase, Bank of America, Goldman Sachs, Citigroup, and Morgan Stanley. Those five banks also account for more than 96% of the companies' exposure to credit derivatives."

http://www.cfo.com/article.cfm/14113089

[LargoWinch]

Re: Five Firms Hold 80% of Derivatives Risk

"About 80% of the derivative assets and liabilities carried on the balance sheets of 100 companies reviewed by Fitch were held by five banks: JP Morgan Chase, Bank of America, Goldman Sachs, Citigroup, and Morgan Stanley. Those five banks also account for more than 96% of the companies' exposure to credit derivatives."

http://www.cfo.com/article.cfm/14113089

sandwind, please note that this was posted yesterday here.

[sandwind]

Re: Five Firms Hold 80% of Derivatives Risk

I am sorry please delete it...

[LargoWinch]

Re: Five Firms Hold 80% of Derivatives Risk

I am sorry please delete it...

Np! if FRED or an admin sees this, perhaps we can collapse both thread into one?