[Neidermeyer]

Now you’re saying that the gross amount is what is important (if another party goes bankrupt)? The gross of derivatives is $300 trillion, not $279 billion.
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The numbers are so obscene that if the banksters attempt to use the FDIC rules to confiscate all our deposits it will collapse the currency... collapse EVERYTHING .... I do see them however using this ploy to “bail in” (like Cypress?) when hedge funds (many of them under their control) either fail or are ordered to fail by their controlling banks ... easily done by telling them to take their place as counterparty to whatever position the squid is working to collapse...

END THE FED

[Toddsterpatriot]

I do see them however using this ploy to “bail in” (like Cypress?) when hedge funds (many of them under their control) either fail or are ordered to fail by their controlling banks ...

So a bank orders a hedge fund to fail, why do we care?