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THOUGHT FOR THE DAY!

" One in 10 chance perhaps, but save Chile! ... not concerned with risks involved ... $10,000,000 available, more if necessary ... make the economy scream."-- CIA Director Richard Helms, discussing plan to destabilize government of Chile under democractically-elected President Salvador Allende

 

US Bank Derivative Exposure

Chris Whalen at the Institutional Risk Analyst asks an interesting question: How Much Capital Does a Bank Need?

The short answer: Alot.

The longer answer depends upon the bank's derivative exposure.

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