derivatives

Entries Tagged as 'derivatives'

Chinese firm refuses to pay Goldman $80 million in derivatives losses

December 29th, 2009 109 Comments

Stacy Summary: Oh yeah, here it comes. If your government has nukes, trillions in T-bills AND will stand up to US extradition treaties . . . you have it made in this gangster-gulag-casino economy.

Small Chinese firm tells Goldman to take a hike, refuses to pay $80 million in derivatives losses

Tags: china · derivatives · goldman

Manufacturing Junk & Pushing Toxic Financial Products

December 27th, 2009 84 Comments

Stacy Summary: I have heard stories from family in America and also read comments on loads of boards that the quality of ’stuff’ at most shops in the US is total junk this year. Anyone else hearing (or seeing) the same?

Manufacturing Junk & the Decline of the American economy

Derivatives overhaul has died

Tags: american economy · derivatives · junk

Who should liquidate?

September 14th, 2009 8 Comments

Stacy Summary: Let me get this straight. The BIS warns that the derivatives still pose a systemic risk, and gold holders are urged by UBS, one of the biggest writers of derivatives of mass destruction, to take off your hedge against his bank’s toxic waste?

BIS reports turnover of derivatives up 16pc, warns they still pose [...]

Tags: derivatives · ubs

Stealth lobbies and real bubbles

August 31st, 2009 19 Comments

Stacy Summary: Here we go again another bubble and more rigging of the system for the bankers to take all the foam. When and if that bubble gets going, of course.

Head of China Sovereign Wealth Fund admits US & China are creating more bubbles (ZeroHedge)

Wall Street stealth lobby defends $35 billion derivatives haul

Is the [...]

Tags: china sovereighn wealth · derivatives · wall street

Headlines, Headlines, Headlines – 02 May 2009

May 2nd, 2009 43 Comments

Stacy Summary: While the MSM headlines are of the dangerous peasant protestors, in the FT, more evidence emerges of weaponized financial products being deployed against nations. There is one sliver of good news to emerge from the bankers’ derivative and credit crime wave in the reduced carbon emissions as we see car sales and miles [...]

Tags: cds · derivatives · fatal attraction debt collection · kazakhstan · us auto sales