Banks own half the entire net worth of all the stocks on the planet. JPMorgan Chase – Total Assets: $1,947,794,000,000 (nearly 1.95 trillion dollars) Total Exposure To Derivatives: $71,289,673,000,000 (more than 71 trillion dollars) Citibank - Total Assets: $1,319,359,000,000 (a bit more than 1.3 trillion dollars) Total Exposure To Derivatives: $60,398,289,000,000 (more than 60 trillion dollars) Bank Of America - Total Assets: $1,429,737,000,000 (a bit more than 1.4 trillion dollars) Total Exposure To Derivatives: $42,670,269,000,000 (more than 42 trillion dollars) Goldman Sachs - Total Assets: $113,064,000,000 (just a shade over 113 billion dollars – yes, you read that correctly) Total Exposure To Derivatives: $43,135,021,000,000 (more than 43 trillion dollars)
Posted on: Fri, 20 Jun 2014 10:15:49 +0000
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