GIM Founding Member & Mod.
- Oct 15, 2012
"Despite the role of derivatives in the 2008 collapse and despite the promises of both Presidents Obama and Trump to rein in the excesses of Wall Street, the Federal regulator of national banks, the OCC, has archived reports showing that derivative exposures have actually increased on Wall Street since 2008. As of June 30 of this year, that figure had not only not diminished but it had grown by 32 percent to a stunning $256.7 trillion." -- Pam and Russ Martens