Today – with $700 trillion to $1.2 quadrillion in swap - TopicsExpress



          

Today – with $700 trillion to $1.2 quadrillion in swap derivatives circling the globe like a giant H-bomb sized financial plague–just waiting for a detonator to unleash a financial disaster like a worldwide tsunami–there is a critical crucial need to shift the risk back to the financial innovators who have profited from all the “too complex to explain” risk, but have placed our Treasury and country in dire jeopardy. Elizabeth Warren, joined by John McCain, has introduced the most crucially significant bill since 1933 to control the sociopathic greed and the egregious untenable risk of Trojan Wall Street Mega Banks like: JP Morgan Chase, Well Fargo, Citi, Goldman Sachs, Morgan Stanley and Bank of America for example.
Posted on: Wed, 17 Jul 2013 02:26:39 +0000

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