Tag Archives: swaps

J.P. Morgan Flags $2 Billion Trading Loss – WSJ.com

May 11, 2012 – All that Glitters is not Diamonds in $700 Trillion Derivatives Market:  A massive trading bet boomeranged on J.P. Morgan Chase JPM +0.25%& Co., leaving the bank with at least $2 billion in trading losses and its … Continue reading

Posted in Economic, Economics, Misc, Miscellaneous, New York City, United States | Tagged , , , , , , , , , , , , | 3 Comments

The $600 Trillion Dollar Elephant in the Room!

October 3, 2011 – The $600 Trillion Dollar Elephant in the Room: The combined futures market is over $600T! The entire Gross Domestic Product (GDP) for the U.S. is about $15T, for the entire year. That means the futures market … Continue reading

Posted in Commodities, Economic, Economics, Misc, Miscellaneous, New York City, News, United States | Tagged , , , , , , , , , , , , , , , ,