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April 30, 2013

At $72.8 Trillion, Presenting The Bank With The Biggest Derivative Exposure In The World (Hint: Not JPMorgan) | Zero Hedge

Yet another news article scaring the pants off ordinary people by suggesting that Notional = Value, and that Collateral = Zero. It's a shame, the comments show how taken-in people are when the underlying facts aren't presented properly. See the other side of the story on this site here (How Big is OTC Really). At $72.8 Trillion, Presenting The Bank With The Biggest Derivative Exposure In The World (Hint: Not JPMorgan) | Zero Hedge.


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