How 9 Banks Are Exposed To $200 Trillion Worth Of Derivatives [Infographic]

[Serpo]

too big too fail....it looks like they already have.....failed.....



(http://articles.businessinsider.com/2012-04-24/wall_street/31390709_1_pension-funds-deri)http://articles.businessinsider.com/2012-04-24/wall_street

/31390709_1_pension-funds-deriHow 9 Banks Are Exposed To $200 Trillion Worth Of Derivatives [Infographic]


Ben Duronio|April 24, 2012|
9,823|12 (http://articles.businessinsider.com/2012-04-24/wall_street/31390709_1_pension-funds-derivative-exposure-bailout#comments)

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http://static6.businessinsider.com/image/4f96c9ab6bb3f74902000004--400/chart.jpg (http://static6.businessinsider.com/image/4f96c9ab6bb3f74902000004--400/chart.jpg)


(Demonocracy (http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html))

Demonocracy created a great infographic (http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html) detailing the exposure of the nine banks with the largest exposure to derivatives. Combined, these nine banks are exposed to $228.72 trillion in derivatives, a shockingly high number.
That number, as Demonocracy states, is worth approximately three times the entire world economy.
http://static6.businessinsider.com/image/4f96c8adecad04717100003b/chart.png
Demonocracy (http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html)

http://businessinsider.com/image/4f96ad57ecad044448000065/demo1.jpg (http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html)
This picture explains the graphics used for the rest of the infographic. A truck is worth one billion, a big tower is worth one trillion, and so forth.
http://static6.businessinsider.com/image/4f96ae6aecad046f4600005f/demo2.jpg (http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html)
Demonocracy
BNY has a derivative exposure of $1.375 Trillion dollars.
Considered a too big to fail (TBTF) bank. It is currently facing (among others) lawsuits fraud and contract breach suits by a Los Angeles pension fund (http://www.bloomberg.com/news/2012-03-30/bank-of-new-york-mellon-must-face-fraud-contract-breach-suit.html) and New York pension funds (http://money.cnn.com/2011/10/05/news/companies/bank_new_york_mellon_fraud/index.htm), where BNY Mellon allegedly overcharged the funds on many millions of dollars and concealed it.



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http://static5.businessinsider.com/image/4f96ae95eab8ea4d5d00005d/demo3.jpg (http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html)
Demonocracy

State Street has a derivative exposure of $1.390 Trillion dollars.
Too big to fail (TBTF) bank. It has been charged by California Attorney General (http://www.zerohedge.com/article/state-street-sued-unconscionable-fraud-against-calpers) (among other) lawsuits for massive fraud on California's CalPERS and CalSTRS pension funds - similar to BNY (above).
http://static5.businessinsider.com/image/4f96aebc69bedd4d1500003e/demo4.jpg (http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html)


vative-exposure-bailout

Demonocracy
Morgan Stanley has a derivative exposure of $1.722 Trillion dollars.
Its a too big to fail (TBTF) bank. It recently settled a lawsuit (http://www.reuters.com/article/2012/03/22/us-morganstanley-pay-lawsuit-idUSBRE82L0UF20120322) for over-paying its employees while accepting the tax (http://articles.businessinsider.com/2012-04-24/wall_street/31390709_1_pension-funds-derivative-exposure-bailout#) payer funded bailout. Vice Chairman of Morgan Stanley had a license plate that said "2BG2FAIL (http://www.huffingtonpost.com/2009/12/10/robert-kindlers-2bg2fail_n_386168.html)" on his Porsche Cayenne Turbo. All this while $250 million of bailout money ended up in the hands of Waterfall TALF Opportunity, (http://www.rollingstone.com/politics/news/the-real-housewives-of-wall-street-look-whos-cashing-in-on-the-bailout-20110411) run by the Morgan Stanley's owners' wives-- Marry a banker for a $250M tax-payer cash injection.
The bank also got a SECRET $2.041 Trillion bailout from the Federal Reserve (http://theeconomiccollapseblog.com/archives/have-you-heard-about-the-16-trillion-dollar-bailout-the-federal-reserve-handed-to-the-too-big-to-fail-banks) during the crisis, beyond the tax payer bailout.

[Serpo]

http://static8.businessinsider.com/image/4f96aed96bb3f73645000038/demo5.jpg (http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html)
Demonocracy
Wells Fargo has a derivative exposure of $3.332 Trillion dollars.
Its a too big to fail (TBTF) bank. WF has been charged for its role in allegedly pursuing illegal foreclosures and deceptive loan servicing (http://www.zerohedge.com/contributed/complaint-commonwealth-massachusetts-v-bank-america-jpmorgan-chase-citibank-gmac-wells-f). Wells Fargo was just slapped with a $85 million fine (http://www.zerohedge.com/article/warren-buffetts-wells-fargo-busted-lying-people-wristslapped-85-million-fine-emperor-moral-h) by Federal Reserve for putting good credit borrowers into bad-credit rating (high rate) loans.
In March 2010, Wachovia (owned by Wells Fargo) paid $110 million fine for allowing transactions connected to drug smuggling (http://www.guardian.co.uk/world/2011/apr/03/us-bank-mexico-drug-gangs) and a $50 million fine for failing to monitor cash used to ship 22 tons of cocaine. It also failed to monitor $378.4 billion (that's $378400 millions dollars) worth of transactions to Mexican "casas de cambio" (think WesternUnion, anonymous cash transfer) usually linked to drug cartels. Beyond that, WF lets its' VIP employees live in foreclosed mansions (http://www.azcentral.com/business/articles/2009/09/10/20090910biz-wellsfargobeachhouse10-ON.html). WF knows how to cash your legit check, then claim "fraud" (http://abclocal.go.com/kgo/story?section=news/7_on_your_side&id=7996116) and close your account. WF also re-orders your transactions to create more overdraft fees (http://www.zerohedge.com/news/presenting-how-wells-fargo-nickel-and-dimes-clients-account-death). Wells Fargo's Wachovia also got a SECRET $159 billion bailout (http://theeconomiccollapseblog.com/archives/have-you-heard-about-the-16-trillion-dollar-bailout-the-federal-reserve-handed-to-the-too-big-to-fail-banks) from the Federal Reserve.
Wells Fargo paid NO taxes in 2008-2010 (http://www.ctj.org/corporatetaxdodgers/CorporateTaxDodgersReport.pdf) and had a tax rate (http://articles.businessinsider.com/2012-04-24/wall_street/31390709_1_pension-funds-derivative-exposure-bailout#) of NEGATIVE 1.4% while making
$49 billion in profit during the same time.



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http://static7.businessinsider.com/image/4f96aef569beddbe1c00003c/demo6.jpg (http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html)
Demonocracy
HSBC has a derivative exposure of $4.321 Trillion dollars. HSBC is a Hong Kong based bank and its original name is The Hongkong and Shanghai Banking Corporation Limited.
You will find HSBC working a lot with JP Morgan Chase. Both HSBC and JP Morgan Chase have strong interest in gold (http://articles.businessinsider.com/2012-04-24/wall_street/31390709_1_pension-funds-derivative-exposure-bailout#) & precious metals. HSBC and JP Morgan Chase are often involved together in financial scandals. Lately HSBC has been sued for allegedly funneling more than $8.9 billion to the largest ponzi-scheme in history (http://www.bloomberg.com/news/2011-05-28/funds-sued-by-madoff-trustee-file-claims-against-custodian-hsbc.html) - Bernie Maddof's investment business (http://articles.businessinsider.com/2012-04-24/wall_street/31390709_1_pension-funds-derivative-exposure-bailout#).
HSBC (along w/ JP Morgan Chase) has been sued for alleged conspiracy suppressing the price of silver and gold (http://www.zerohedge.com/article/jpm-hsbc-sued-conspiracy-keep-silver-price-low-reaping-billions-illegal-profits), partially through precious metal DERIVATIVES and making billions of dollars on it. State of Hawaii is suing HSBC (and other banks) for deceptive credit card lending practices (http://www.huffingtonpost.com/2012/04/13/hawaii-sues-bank-of-america_n_1423241.html).
DZ Bank in Germany is suing HSBC (and JP Morgan) for deceptive (lying) practices when selling home-loan-backed securities (http://www.bloomberg.com/news/2012-04-02/jpmorgan-sued-by-dz-bank-on-402-million-in-mortgage-securities.html).
HSBC is also under investigation for laundering billions of dollars (http://www.infowars.com/hsbc-under-investigation-for-laundering-billions-dr-jerome-corsi-reports/).
http://static6.businessinsider.com/image/4f96af1569bedd921a000061/demo7.jpg (http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html)
Demonocracy
Goldman Sachs has a derivative exposure of $44.192 Trillion dollars. The $1 Trillion pillars towers are double-stacked @ 930 feet (248 m). The White House is standing next to the Statue of Liberty.
Goldman Sachs has advantage over other banks because it has awesome
connections in US Government. A lot of former Goldman employees hold high-level
US Government positions (char (http://www.infowars.com/goldman-sachs-investing-in-political-influence/)

[Cebu_4_2]

I would like one of those buildings sir and I have a request list of my friends, the list however discludes some from this here forum. If millions or more make you unhappy lets spread the unhappy amongst ourselves. See I figured this dilemma early on.

[Carl]

All of that can fit on one of these:

http://www.pacreditcardlaws.com/wp-content/uploads/2012/04/Gold_Card_web.jpg (http://www.google.com/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&docid=tNBz8Goj__NT8M&tbnid=HF7k1ffSmj-UZM:&ved=0CAUQjRw&url=http%3A%2F%2Fwww.pacreditcardlaws.com%2F2012%2 F04%2Fbrachfeld-law-group%2F&ei=BTITUYyEO-yA2QXX3YDoCA&bvm=bv.42080656,d.b2I&psig=AFQjCNGe032VNX27pQFnf0vY78ncM9eryQ&ust=1360298778328090)

[Hatha Sunahara]

But...but...but...all those derivatives aren't real money. They're just promises to pay out money. Money that these banks don't have. Money that hasn't been created yet.

So, if they made that many promises to pay out that much money, and they don't have it, and they have no way of ever getting it, who's fooling who? They're all already bankrupt. What business do they have granting anybody credit when they don't have any credit themselves. What's propping them up is the Fed and Obama. If everyone took their money out of these banks, the fed would lend them 'deposits'. And Obama would back them up with bailout money guaranteed by the last group that has any credit (but not for much longer)--the taxpayers.

If they all declared bankruptcy, they tell us the economy would collapse. The economy wouldn't collapse. It would immediately improve because it wouldn't have these parasites taking money out of the money supply.

I think they want us to fear their collapse. Just like the government wants us to fear terrorists. These are 'bad myths'. Not good for us to believe this mythology. What keeps these banks alive is that we believe this crapola. They want to kill the economy with their derivatives, the Fed wants to kill the economy with quantitative easing, and Obama wants to kill the economy with exponentially accelerating Federal debt.

All any of us can do about this is to stop believing what they tells us will happen if these banks die. If you have any money in these banks, move it to a credit union, or buy more gold and silver, and stop using credit cards and pay for stuff with cash. Give the banks a vote of no confidence. Then see what Bernanke and Obama do about it. Keep in mind that corporations are sitting on many trillions in cash they won't commit to investing because of the uncertainty about whether the banks live or die.

Hatha