La Carta de la Bolsa

Enviar por Email:
“A partir de ahora los bancos quebrarán, sin más. Estemos atentos al futuro de nuestro dinero…”
De (correo electrónico): Su nombre: Para (correo elctrónico): Asunto: Mensaje:
    <strong>Artículo publicado en <a href="http://www.lacartadelbolsa.com">La Carta de la Bolsa</a> el Lunes, 24 de Junio en la sección: El Valor</strong>
    <h3 class="titulo_articulo">“A partir de ahora los bancos quebrarán, sin más. Estemos atentos al futuro de nuestro dinero…”</h3>
    Mar Revuelta
    <p>
	<img alt="bancos" class="ilustraciones" src="http://lacartadelabolsa.com/images/ilustraciones/as.jpg" style="width: 200px; height: 150px; border-width: 1px; border-style: solid;" />"Sí los bancos pueden quebrar y alguno quebrará. Ya nos lo han advertido las Grandes Instituciones Supranacionales, enfrascadas ahora, en el caso europeo, en delimitar, luz y taquígrafos, los espacios y agujeros negros que vendrán, es decir, quién y quiénes acarrearán con las pérdidas. De ahí el retraso en la promulgación de las nuevas reglas de juego <a href="http://lacartadelabolsa.com/leer/articulo/el_ecofin_no_logra_un_acuerdo_sobre_quien_debe_asumir_perdidas_en_futuras_c" target="_blank">(El Ecofin no logra un acuerdo sobre quién debe asumir pérdidas en futuras crisis bancarias) </a>Y esto es así, porque la mayoría de los bancos ha hecho de la Crisis Financiera un sayo al mantener los mismos hábitos y comportamientos del pasado. Los bancos siguen jugando con fuego, manteniendo las mismas prácticas de antaño en lo que respecta a la especulación en los mercados financieros y de mercaderías (commodities). Juegan con la Bolsa, con los tipos de interés, con los bonos, con el oro, con el petróleo...A diferencia del pasado, los bancos sólo se muestran más rigurosos, más vigilantes y menos condescendientes en lo que respecta a la concesión de créditos. Los Reguladores tratan de frenar la pesca de los bancos en el proceloso océano de los derivados, pero quizá ya sea tarde", me dice el analista jefe de un banco de inversión anglosajón.</p>

    <p>
	"Sí, habrá quiebras bancarias y las grandes Instituciones Supranacionales nos lo están advirtiendo por activa y por pasiva. Por eso, nuestro objetivo inmediato como particulares es mirar por el futuro de nuestro dinero. Hay que estar muy pendientes de las nuevas directivas", añade, al mismo tiempo que destaca los siguientes enlaces.</p>
<p>
	 </p>
<p>
	"Cinco grandes "TBTF" bancos de Estados Unidos tienen el 96% de los derivados emitidos en los Estados Unidos. El Banco de Pagos Internacionales en Suiza ha informado que alrededor de $ 707,6 billón de dólares en obligaciones con derivados se han emitido en todo el mundo a partir de finales de 2011. Eso deja cerca de $ 417 billón de dólares en derivados que no se tienen en cuenta, en los registros de la FDIC. Los derivados de los excedentes se han escriturado sobre todo en Londres. Parte de la exposición se lleva a cabo en los balances de los bancos extranjeros, en su mayoría europeos, entre ellos Deutsche Bank, Paribas BNP, Credit Suisse, UBS y otros. Sin embargo, un gran número de derivados, aparentemente extraños también están escondidos dentro de las divisiones bancarias propiedad de las instituciones estadounidenses, que hacen negocios en Londres. Estos derivados no son reportados a la Reserva Federal, la OCC o de la FDIC. Indulgentes leyes bancarias británicas al asegurar que estas obligaciones opacas no están sujetos a escrutinio público..."</p>
<p>
	 </p>
<p>
	Derivatives: The Unregulated Global Casino for Banks</p>
<p>
	SHORT STORY: Pick something of value, make bets on the future value of "something", add contract & you have a derivative.<br />
	Banks make massive profits on derivatives, and when the bubble bursts chances are the tax payer will end up with the bill.<br />
	This visualizes the total coverage for derivatives (notional). Similar to insurance company's total coverage for all cars.</p>
<p>
	LONG STORY: A derivative is a legal bet (contract) that derives its value from another asset, such as the future or current value of oil, government bonds or anything else. Ex- A derivative buys you the option (but not obligation) to buy oil in 6 months for today's price/any agreed price, hoping that oil will cost more in future. (I'll bet you it'll cost more in 6 months). Derivative can also be used as insurance, betting that a loan will or won't default before a given date. So its a big betting system, like a Casino, but instead of betting on cards and roulette, you bet on future values and performance of practically anything that holds value. The system is not regulated what-so-ever, and you can buy a derivative on an existing derivative.<br />
	Most large banks try to prevent smaller investors from gaining access to the derivative market on the basis of there being too much risk. Deriv. market has blown a galactic bubble, just like the real estate bubble or stock market bubble (that's going on right now). Since there is literally no economist in the world that knows exactly how the derivative money flows or how the system works, while derivatives are traded in microseconds by computers, we really don't know what will trigger the crash, or when it will happen, but considering the global financial crisis this system is in for tough times, that will be <span id="internal-source-marker_0.04700609021355384">catastrophic </span> for the world financial system since the 9 largest banks shown below hold a total of $228.72 trillion in Derivatives - Approximately 3 times the entire world economy. No government in world has money for this bailout. Lets take a look at what banks have the biggest Derivative Exposures and what scandals they've been lately involved in. Derivative Data Source: <a href="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/03/derivs%20by%20bank.jpg" target="_blank" title="Notional Amount of Derivative Contracts">ZeroHedge</a>.</p>
<table border="0" cellpadding="0" cellspacing="0" width="168">
	<tbody>
		<tr>
			<td>
				 </td>
			<td>
				 </td>
			<td>
				 </td>
		</tr>
	</tbody>
</table>
<div id="cash-explanation">
	<table border="0" cellpadding="0" cellspacing="0" id="cash-explanation-100usd" width="100%">
		<tbody>
			<tr>
				<td align="left">
					One Hundred Dollars</td>
			</tr>
			<tr>
				<td align="left" height="20">
					$100 - Most counterfeited money denomination in the world.<br />
					Keeps the world moving.</td>
			</tr>
		</tbody>
	</table>
	<table border="0" cellpadding="0" cellspacing="0" id="cash-explanation-10k-usd" width="100%">
		<tbody>
			<tr>
				<td align="left">
					Ten Thousand Dollars</td>
			</tr>
			<tr>
				<td align="left" height="20">
					$10,000 - Enough for a great vacation or to buy a used car.<br />
					Approximately one year of work for the average human on earth.</td>
			</tr>
		</tbody>
	</table>
	<table border="0" cellpadding="0" cellspacing="0" id="cash-explanation-100m-usd" width="100%">
		<tbody>
			<tr>
				<td align="left">
					100 Million Dollars</td>
			</tr>
			<tr>
				<td align="left" height="20">
					<p>
						$100,000,000 - Plenty to go around for<br />
						everyone. Fits nicely on an ISO / Military<br />
						standard sized pallet.<br />
						<br />
						$1 Million is the cash square on the floor.</p>
				</td>
			</tr>
		</tbody>
	</table>
	<table border="0" cellpadding="0" cellspacing="0" id="cash-explanation-1billion-usd" width="100%">
		<tbody>
			<tr>
				<td align="left">
					1 Billion Dollars</td>
			</tr>
			<tr>
				<td align="left" height="20">
					<p>
						$1,000,000,000 - This is how a billion dollars looks like.<br />
						10 pallets of $100 bills.</p>
				</td>
			</tr>
		</tbody>
	</table>
	<table border="0" cellpadding="0" cellspacing="0" id="cash-explanation-1trillion-usd" width="100%">
		<tbody>
			<tr>
				<td align="left">
					1 Trillion Dollars</td>
			</tr>
			<tr>
				<td align="left" height="20">
					<p>
						$1,000,000,000,000 - When they throw around the word "Trillion" like it is nothing, this is the reality of $1 trillion dollars. The square of pallets to the right is $10 billion dollars. 100x that and you have the tower of $1 trillion that is 465 feet tall (142 meters).</p>
				</td>
			</tr>
		</tbody>
	</table>
	<img alt="1 Million, 100 Million, 1 Billion, 1 Trillion " src="http://demonocracy.info/infographics/usa/derivatives/images/demonocracy-derivatives-1_million-100_million-1_billion-1_trillion.jpg" style="width:600px;height:1183px;" />
	<table border="0" cellpadding="0" cellspacing="0" id="arrow-truck" width="100%">
		<tbody>
			<tr>
				<td align="left" height="69">
					<table border="0" cellpadding="0" cellspacing="0" width="100%">
						<tbody>
							<tr>
								<td align="left" height="63">
									 </td>
								<td align="left">
									$2 Billion on Truck</td>
							</tr>
						</tbody>
					</table>
				</td>
			</tr>
		</tbody>
	</table>
</div>
<div id="bank-01-bny-mellon">
	<table border="0" cellpadding="0" cellspacing="0" id="bank-01-bny-mellon-explanation" width="100%">
		<tbody>
			<tr>
				<td align="left">
					<strong><u><strong>Bank of New York Mellon</strong></u></strong></td>
			</tr>
			<tr>
				<td align="left" height="20">
					<p>
						BNY has a derivative exposure of $1.375 Trillion dollars.<br />
						Considered a too big to fail (TBTF) bank. It is currently facing (among others) lawsuits fraud and contract breach suits by a <a href="http://www.bloomberg.com/news/2012-03-30/bank-of-new-york-mellon-must-face-fraud-contract-breach-suit.html" target="_blank" title="BNY Mellon Must Face Fund’s Lawsuit on Foreign Exchange Charges">Los Angeles pension fund</a> and <a href="http://money.cnn.com/2011/10/05/news/companies/bank_new_york_mellon_fraud/index.htm" target="_blank" title="Bank of New York named in currency fraud suit">New York pension funds</a>, where BNY Mellon <span id="internal-source-marker_0.">allegedly </span> overcharged the funds on many millions of dollars and concealed it.</p>
				</td>
			</tr>
		</tbody>
	</table>
	<img alt="Bank of New York Mellon - Derivative Exposure" src="http://demonocracy.info/infographics/usa/derivatives/images/demonocracy-derivatives-bank_of_new_york_mellon.jpg" style="width:625px;height:999px;" /></div>
<div id="bank-02-state_street">
	<table border="0" cellpadding="0" cellspacing="0" id="bank-02-state_street-explanation" width="100%">
		<tbody>
			<tr>
				<td align="left">
					<strong><u>State Street Financial</u></strong></td>
			</tr>
			<tr>
				<td align="left" height="20">
					<p>
						State Street has a derivative exposure of $1.390 Trillion dollars.<br />
						Too big to fail (TBTF) bank. It has been <a href="http://www.zerohedge.com/article/state-street-sued-unconscionable-fraud-against-calpers" target="_blank" title="Brown Sues State Street Bank for Massive Fraud Against CalPERS and CalSTRS">charged by California Attorney General</a> (among other) lawsuits for massive fraud on California's CalPERS and CalSTRS pension funds - similar to BNY (above).</p>
				</td>
			</tr>
		</tbody>
	</table>
	<img alt="Bank of New York Mellon - Derivative Exposure" src="http://demonocracy.info/infographics/usa/derivatives/images/demonocracy-derivatives-state_street_bank.jpg" style="width:625px;height:776px;" /></div>
<div id="bank-03-morgan_stanley">
	<table border="0" cellpadding="0" cellspacing="0" id="bank-03-morgan_stanley-explanation" width="100%">
		<tbody>
			<tr>
				<td align="left">
					<u><strong>Morgan Stanley</strong></u></td>
			</tr>
			<tr>
				<td align="left" height="20">
					<p>
						Morgan Stanley has a derivative exposure of $1.722 Trilion dollars.<br />
						Its a too big to fail (TBTF) bank. It <a href="http://www.reuters.com/article/2012/03/22/us-morganstanley-pay-lawsuit-idUSBRE82L0UF20120322" target="_blank" title="(Reuters) - Twelve directors of Morgan Stanley have won dismissal of a shareholder lawsuit accusing them of letting the Wall Street bank overpay its employees even while accepting taxpayer-funded federal bailouts.">recently settled a lawsuit</a> for over-paying its employees while accepting the<br />
						tax payer funded bailout. Vice Chairman of Morgan Stanley had a license plate that said "<a href="http://www.huffingtonpost.com/2009/12/10/robert-kindlers-2bg2fail_n_386168.html" target="_blank" title="Robert Kindler's ">2BG2FAIL</a>" on his Porsche Cayenne Turbo. All this while $250 million of bailout money ended up in the hands of<a href="http://www.rollingstone.com/politics/news/the-real-housewives-of-wall-street-look-whos-cashing-in-on-the-bailout-20110411" target="_blank" title="The Real Housewives of Wall Street"> Waterfall TALF Opportunity,</a> run by the Morgan Stanley's owners' wives-- Marry a banker for a $250M tax-payer cash injection.<br />
						The bank also got a <a href="http://theeconomiccollapseblog.com/archives/have-you-heard-about-the-16-trillion-dollar-bailout-the-federal-reserve-handed-to-the-too-big-to-fail-banks" target="_blank" title="Have You Heard About The 16 Trillion Dollar Bailout The Federal Reserve Handed To The Too Big To Fail Banks?">SECRET $2.041 Trillion bailout from the Federal Reserve</a> during the crisis, beyond the tax payer bailout.</p>
				</td>
			</tr>
		</tbody>
	</table>
	<img alt="Bank of New York Mellon - Derivative Exposure" src="http://demonocracy.info/infographics/usa/derivatives/images/demonocracy-derivatives-morgan_stanley.jpg" style="width:625px;height:953px;" /></div>
<div id="bank-04-wells_fargo">
	<table border="0" cellpadding="0" cellspacing="0" id="bank-04-wells_fargo-explanation" width="100%">
		<tbody>
			<tr>
				<td align="left">
					<u><strong>Wells Fargo</strong></u></td>
			</tr>
			<tr>
				<td align="left" height="20">
					<p>
						Wells Fargo has a derivative exposure of $3.332 Trillion dollars.<br />
						Its a too big to fail (TBTF) bank. WF has been charged for its role in <span id="internal-source-marker_0.2">allegedly </span> <a href="http://www.zerohedge.com/contributed/complaint-commonwealth-massachusetts-v-bank-america-jpmorgan-chase-citibank-gmac-wells-f" target="_blank" title="COMPLAINT | COMMONWEALTH OF MASSACHUSETTS v. BANK OF AMERICA, JPMORGAN CHASE, CITIBANK, GMAC, WELLS FARGO, MERS, et al">pursuing illegal foreclosures and deceptive loan servicing</a>. Wells Fargo was just <a href="http://www.zerohedge.com/article/warren-buffetts-wells-fargo-busted-lying-people-wristslapped-85-million-fine-emperor-moral-h" target="_blank" title="http://www.zerohedge.com/article/warren-buffetts-wells-fargo-busted-lying-people-wristslapped-85-million-fine-emperor-moral-h">slapped with a $85 million fine</a> by Federal Reserve for putting good credit borrowers into bad-credit rating (high rate) loans.<br />
						In March 2010, Wachovia (owned by Wells Fargo) <a href="http://www.guardian.co.uk/world/2011/apr/03/us-bank-mexico-drug-gangs" target="_blank" title="How a big US bank laundered billions from Mexico's murderous drug gangs">paid $110 million fine for allowing transactions connected to drug smuggling</a> 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 "<em>casas de cambio</em>" (think WesternUnion, anonymous cash transfer) usually linked to drug cartels. Beyond that, WF lets its' VIP employees <a href="http://www.azcentral.com/business/articles/2009/09/10/20090910biz-wellsfargobeachhouse10-ON.html" target="_blank" title="Neighbors: Exec. moved into bank-owned beach home">live in foreclosed mansions</a>. WF knows <a href="http://abclocal.go.com/kgo/story?section=news/7_on_your_side&id=7996116" target="_blank" title="Bank confusion turns into $10,000 problem">how to cash your legit check, then claim "fraud"</a> and close your account. WF also re-orders <a href="http://www.zerohedge.com/news/presenting-how-wells-fargo-nickel-and-dimes-clients-account-death" target="_blank"> your transactions to create more overdraft fees</a>. Wells Fargo's Wachovia also got a <a href="http://theeconomiccollapseblog.com/archives/have-you-heard-about-the-16-trillion-dollar-bailout-the-federal-reserve-handed-to-the-too-big-to-fail-banks" target="_blank" title="Have You Heard About The 16 Trillion Dollar Bailout The Federal Reserve Handed To The Too Big To Fail Banks?">SECRET $159 billion bailout</a> from the Federal Reserve.<br />
						<br />
						<a href="http://www.ctj.org/corporatetaxdodgers/CorporateTaxDodgersReport.pdf" target="_blank" title="Corporate Tax Dodgers Report">Wells Fargo paid NO taxes in 2008-2010</a> and had a tax rate of NEGATIVE 1.4% while making<br />
						$49 billion in profit during the same time.</p>
				</td>
			</tr>
		</tbody>
	</table>
	<img alt="Bank of New York Mellon - Derivative Exposure" src="http://demonocracy.info/infographics/usa/derivatives/images/demonocracy-derivatives-wells_fargo.jpg" style="width:625px;height:899px;" /></div>
<div id="bank-05-hsbc">
	<table border="0" cellpadding="0" cellspacing="0" id="bank-05-hsbc-explanation" width="100%">
		<tbody>
			<tr>
				<td align="left">
					<u><strong>HSBC</strong></u></td>
			</tr>
			<tr>
				<td align="left" height="20">
					<p>
						HSBC has a derivative exposure of $4.321 Trilion dollars.<br />
						HSBC is a Hong Kong based bank and its original name is<br />
						The Hongkong and Shanghai Banking Corporation Limited.<br />
						<br />
						You will find HSBC working a lot with JP Morgan Chase.<br />
						Both HSBC and JP Morgan Chase have strong interest in gold & precious metals. HSBC and JP Morgan Chase are often involved together in financial scandals.<br />
						Lately HSBC has been sued for <span id="internal-source-marker_0.3">allegedly </span> <a href="http://www.bloomberg.com/news/2011-05-28/funds-sued-by-madoff-trustee-file-claims-against-custodian-hsbc.html" target="_blank" title="Two Funds Sued by Madoff Trustee Picard File Claims Against Custodian HSBC">funneling more than $8.9 billion to the largest ponzi-scheme in history</a> - Bernie Maddof's investment business.<br />
						HSBC (along w/ JP Morgan Chase) has been sued for <span id="internal-source-marker_0.5">alleged </span> <a href="http://www.zerohedge.com/article/jpm-hsbc-sued-conspiracy-keep-silver-price-low-reaping-billions-illegal-profits" target="_blank" title="JPM, HSBC Sued For Silver Market Manipulation, Reaping Billions In Illegal Profits">conspiracy <span id="internal-source-marker_0.4">suppressing </span> the price of silver and gold</a>, partially through precious metal DERIVATIVES and making billions of dollars on it. State of Hawaii is suing HSBC (and other banks) for <a href="http://www.huffingtonpost.com/2012/04/13/hawaii-sues-bank-of-america_n_1423241.html" target="_blank" title="Hawaii Sues HSBC, Bank Of America, Chase, Citi, Others For Deceptive Credit Card Marketing">deceptive credit card lending practices</a>.<br />
						DZ Bank in Germany is suing HSBC (and JP Morgan) for <a href="http://www.bloomberg.com/news/2012-04-02/jpmorgan-sued-by-dz-bank-on-402-million-in-mortgage-securities.html" target="_blank">deceptive (lying) practices when selling home-loan-backed securities</a>.<br />
						HSBC is also under investigation for<a href="http://www.infowars.com/hsbc-under-investigation-for-laundering-billions-dr-jerome-corsi-reports/" target="_blank" title="HSBC Under Investigation for Laundering Billions! Dr. Jerome Corsi Reports"> laundering billions of dollars</a>.</p>
				</td>
			</tr>
		</tbody>
	</table>
	<img alt="Bank of New York Mellon - Derivative Exposure" src="http://demonocracy.info/infographics/usa/derivatives/images/demonocracy-derivatives-hsbc.jpg" style="width:625px;height:749px;" /></div>
<div id="bank-06-goldman_sachs">
	<table border="0" cellpadding="0" cellspacing="0" id="bank-06-goldman_sachs-explanation" width="100%">
		<tbody>
			<tr>
				<td align="left">
					<u><strong>Goldman Sachs</strong></u></td>
			</tr>
			<tr>
				<td align="left" height="20">
					<p>
						Goldman Sachs has a derivative exposure of $44.192 Trillion dollars.<br />
						The $1 Trillion pillars towers are double-stacked @ 930 feet (248 m).<br />
						The White House is standing next to the Statue of Liberty.<br />
						<br />
						Goldman Sachs has advantage over other banks because it has awesome<br />
						connections in US Government. <a href="http://www.infowars.com/goldman-sachs-investing-in-political-influence/" target="_blank" title="Goldman Sachs: Investing in political influence">A lot of former Goldman employees hold high-level<br />
						US Government positions (chart)</a>.<br />
						<br />
						<a href="http://www.opensecrets.org/pres12/contrib.php?id=N00000286" target="_blank" title="Mitt Romney's Top Contributors">Mitt Romney's top donor</a> is Goldman Sachs, and one of <a href="http://www.opensecrets.org/pres08/contrib.php?cid=N00009638" target="_blank" title="Obama's Top Contributors">Obama's best donors</a>.<br />
						Ex-CEO of Goldman Sachs, Hank Paulson became the Secretary of Treasury under Bush and<br />
						during the 2008 financial crisis authored the <a href="http://www.gpo.gov/fdsys/pkg/PLAW-110publ343/content-detail.html" target="_blank">TARP bill</a> demanding $700 <span id="internal-source-marker_0.6">billion </span> bail-out.<br />
						In UK, Goldman Sachs<a href="http://demonocracy.info/infographics/usa/derivatives/www.dailymail.co.uk/news/article-2058557/Goldman-Sachs-escapes-paying-10m-sweetheart-deal-taxman.html" target="_blank" title="Goldman Sachs 'escapes paying £10million bill in sweetheart deal with the taxman'"> escaped £10 million bill</a> on a failed tax avoidance scheme with help of good connections.<br />
						The bank is the largest player in the food commodities market, <a href="http://www.independent.co.uk/news/world/politics/the-real-hunger-games-how-banks-gamble-on-food-prices--and-the-poor-lose-out-7606263.html" target="_blank" title="The real hunger games: How banks gamble on food prices – and the poor lose out">earned $955m from food speculation in 2009</a>" - That's your $$$.<br />
						Goldman Sachs employees are <a href="http://www.bloomberg.com/news/2009-12-03/arming-goldman-sachs-with-pistols-alice-schroeder-correct-.html" target="_blank" title="Arming Goldman Sachs With Pistols: Alice Schroeder">arming themselves with guns</a> in case there is a populist uprising against the bank.<br />
						Goldman Sachs calls their investors<a href="http://www.nytimes.com/2012/03/14/opinion/why-i-am-leaving-goldman-sachs.html?pagewanted=all" target="_blank"> "muppets</a>". and use clients to make money for themselves, disregarding the clients.<br />
						The bank was <a href="http://www.brecorder.com/money-a-banking/198/1177740/" target="_blank" title="Goldman fined $22 million for leaky research">fined $22 million for sharing valuable <span id="internal-source-marker_0.7">nonpublic </span> information</a> with top clients (Think insider trading with best clients).<br />
						Goldman Sachs was part-owner America's leading <a href="http://demonocracy.info/infographics/usa/derivatives/www.zerohedge.com/news/goldmans-fascination-pimping-and-prostitution" target="_blank" title="On Goldman's Fascination With Pimping And Prostitution">website for prostitution ads</a> until the ownership stake was exposed.<br />
						Goldman Sachs <a href="http://www.bloomberg.com/news/2012-03-06/goldman-secret-greece-loan-shows-two-sinners-as-client-unravels.html" target="_blank" title="Goldman Secret Greece Loan Shows Two Sinners as Client Unravels">helped Greece conceal its debt</a> with secret loans, while <span id="internal-source-marker_0.8">simultaneously </span> taking <span id="internal-source-marker_0.9">advantage </span> of Greece.<br />
						Goldman Sachs got a <a href="http://theeconomiccollapseblog.com/archives/have-you-heard-about-the-16-trillion-dollar-bailout-the-federal-reserve-handed-to-the-too-big-to-fail-banks" target="_blank" title="Have You Heard About The 16 Trillion Dollar Bailout The Federal Reserve Handed To The Too Big To Fail Banks?">$814 billion SECRET bailout</a> from the Federal Reserve during the 2008 crisis.<br />
						Goldman Sachs got $10 billion of the 2008 TARP bailout, and in the same year paid $10.9 billion in employee compensation and "benefits", while <a target="_blank" title="Goldman Sachs’s Tax Rate Drops to 1%, or $14 Million (Update1)">paying a tax rate of 1%</a>. That means an average of $327,000 to each Goldman Sach's employee.</p>
				</td>
			</tr>
		</tbody>
	</table>
	<img alt="Bank of New York Mellon - Derivative Exposure" src="http://demonocracy.info/infographics/usa/derivatives/images/demonocracy-derivatives-goldman_sachs.jpg" style="width:625px;height:706px;" /></div>
<div id="bank-07-bank_of_america">
	<table border="0" cellpadding="0" cellspacing="0" id="bank-07-bank_of_america-explanation" width="100%">
		<tbody>
			<tr>
				<td align="left">
					<u><strong>Bank of America</strong></u></td>
			</tr>
			<tr>
				<td align="left" height="20">
					<p>
						Bank of America has a derivative exposure of $50.135 Trillion dollars.<br />
						<br />
						BofA is <a href="http://crooksandliars.com/susie-madrak/bank-america-trying-stick-taxpayers-7" target="_blank" title="Bank of America Trying To Stick Taxpayers With A $74 Trillion Bill By Moving Derivatives Into FDIC-Insured Accounts">sticking the tax-payers with a MASSIVE bill</a>, by moving derivatives to<br />
						accounts insured by the federal government <a href="http://www.zerohedge.com/news/guest-post-ten-reasons-not-bank-or-bank-america" target="_blank" title="Ten Reasons Not To Bank On (Or With) Bank Of America">@ total of $53.7 trillion as of 06/2011</a>.<br />
						During 2011-12 BofA has been in need of cash, so <a href="http://demonocracy.info/infographics/usa/derivatives/www.zerohedge.com/news/bank-berkshire-america-buffett-buy-5-billion-preferred-stock-bank-america" target="_blank" title="Bank Of Berkshire America: Buffett To Buy $5 Billion In Preferred Stock In Bank Of America">Warren Buffett gave BofA $5 billion</a>.<br />
						Same year BofA sold its stake in China Construction Bank<a href="http://www.zerohedge.com/news/bank-america-desperately-does-not-need-cashbut-will-take-it-sells-remainder-china-construction-" target="_blank" title="Bank Of America Desperately Does Not Need The Cash...But Will Take It; Sells Remainder Of China Construction Bank Stake"> to raise $1.8 billion in cash</a>.<br />
						<br />
						<br />
						Bank of America paid $22 million to settle charges of <a href="http://www.zerohedge.com/news/guest-post-ten-reasons-not-bank-or-bank-america" target="_blank" title="Ten Reasons Not To Bank On (Or With) Bank Of America">improperly foreclosing on active-duty troops</a><br />
						BofA <a href="http://www.rawstory.com/rs/2011/02/09/data-intelligence-firms-proposed-attack-wikileaks/" target="_blank" title="Update: Palantir apologizes for proposal to attack WikiLeaks">recruited 3 cyber attack firms to attack WikiLeaks</a>. but the Anonymous hacker group hacked the security firms first.<br />
						BofA was sued for <a href="http://www.zerohedge.com/news/two-down-many-more-go" target="_blank" title="Two Down, Many More To Go - Bank Of America Sued For $31 Billion In Mortgage Losses">$31 <span id="internal-source-marker_0.10">billion </span> in home-loan losses</a> in 2011, the bank is <a href="http://demonocracy.info/infographics/usa/derivatives/www.zerohedge.com/news/massive-wave-lawsuits-be-filed-us-against-americas-biggest-banks-soon-tomorrow" target="_blank" title="Massive Wave Of Lawsuits To Be Filed By The US Against America's Biggest Banks As Soon As Tomorrow">involved in many lawsuits</a>, too many to document.<br />
						BofA also <span id="internal-source-marker_0.12">received </span> a <a href="http://theeconomiccollapseblog.com/archives/have-you-heard-about-the-16-trillion-dollar-bailout-the-federal-reserve-handed-to-the-too-big-to-fail-banks" target="_blank" title="Have You Heard About The 16 Trillion Dollar Bailout The Federal Reserve Handed To The Too Big To Fail Banks?">SECRET $1.344 trillion dollar <span id="internal-source-marker_0.11">bailout </span></a> from the Federal Reserve.</p>
				</td>
			</tr>
		</tbody>
	</table>
	<img alt="Bank of New York Mellon - Derivative Exposure" src="http://demonocracy.info/infographics/usa/derivatives/images/demonocracy-derivatives-bank_of_america.jpg" style="width:625px;height:796px;" /></div>
<div id="bank-08-citibank">
	<table border="0" cellpadding="0" cellspacing="0" id="bank-08-citibank-explanation" width="100%">
		<tbody>
			<tr>
				<td align="left">
					<u><strong>Citibank</strong></u></td>
			</tr>
			<tr>
				<td align="left" height="20">
					<p>
						Citibank has a derivative exposure of $52.102 Trillion dollars.<br />
						The $1 Trillion dollar towers are double-stacked @ 930 feet (248 m).<br />
						<br />
						Citibank<a href="http://www.rawstory.com/rs/2011/10/15/nypd-arrests-occupy-protesters-non-protester-at-citibank-branch/" target="_blank" title="NYPD arrests Occupy protesters, non-protester at Citibank branch"> customers have been arrested</a> for trying to close their accounts, while in in Indonesia a <a href="http://www.washingtonpost.com/world/asia-pacific/in-indonesia-scandals-tarnish-citibank/2011/07/14/gIQAoHJrJJ_print.html" target="_blank" title="Scandals tarnish Citibank’s image in Indonesia">man was interrogated to death</a> in Citibank's special "questioning room". In 2011 Citibank <a href="http://online.wsj.com/article/SB10001424052970204618704576640873051858568.html?mod=googlenews_wsj" target="_blank">paid a fine of $285 million for selling</a> home-loan backed bonds to investors, while betting they would lose value (think derivatives/insurance). The man in charge of the unit at Citibank became Obama's Chief of Staff. <a href="http://demonocracy.info/infographics/usa/derivatives/www.salon.com/2012/01/10/the_new_wh_chief_of_staff_and_citigroup/singleton/" target="_blank" title="The new WH Chief of Staff and Citigroup"> 2 weeks before getting hired by Obama he got $900,000</a> from Citibank for great performance. This was after Citigroup took out $45 billion in bailout money.<br />
						Citibank knowingly <a href="http://www.propublica.org/article/how-citibank-dumped-lousy-mortgages-on-the-government" target="_blank" title="How Citibank Dumped Lousy Mortgages on the Government">passed over bad loans</a> to the Federal Housing Administration to insure.<br />
						<br />
						Citigroup also <span id="internal-source-marker_0.13">received </span> a <a href="http://theeconomiccollapseblog.com/archives/have-you-heard-about-the-16-trillion-dollar-bailout-the-federal-reserve-handed-to-the-too-big-to-fail-banks" target="_blank" title="Have You Heard About The 16 Trillion Dollar Bailout The Federal Reserve Handed To The Too Big To Fail Banks?">SECRET $2.513 trillion dollar bailout</a> from the Federal Reserve.</p>
				</td>
			</tr>
		</tbody>
	</table>
	<img alt="Bank of New York Mellon - Derivative Exposure" src="http://demonocracy.info/infographics/usa/derivatives/images/demonocracy-derivatives-citibank.jpg" style="width:625px;height:759px;" /></div>
<div id="bank-09-jp_morgan_chase">
	<table border="0" cellpadding="0" cellspacing="0" id="bank-09-jp_morgan_chase-explanation" width="100%">
		<tbody>
			<tr>
				<td align="left">
					<u><strong>JP Morgan Chase (JPM)</strong></u></td>
			</tr>
			<tr>
				<td align="left" height="20">
					<p>
						JP Morgan Chase has a derivative exposure of $70.151 Trillion dollars.<br />
						$70 Trillion is roughly the size of the entire world's economy.<br />
						The $1 Trillion dollar towers are double-stacked @ 930 feet (248 m).<br />
						<br />
						<br />
						JP Morgan is rumored to <a href="http://www.zerohedge.com/article/jp-morgan-denies-it-holds-more-90-copper-market-no-statement-whether-it-holds-89" target="_blank" title="JP Morgan Denies It Holds More Than 90% Of The Copper Market... No Statement On Whether It Holds 89%">hold 50->80% of the copper market</a>, and <a href="http://demonocracy.info/infographics/usa/derivatives/www.telegraph.co.uk/finance/newsbysector/industry/8180304/JP-Morgan-revealed-as-mystery-trader-that-bought-1bn-worth-of-copper-on-LME.html" target="_blank">manipulated the market by massive purchases</a>. JP Morgan (JPM) is also <a href="http://www.zerohedge.com/article/jp-morgan-admits-defeat-cuts-silver-short-position-proves-millions-conspiracy-theorists-abso" target="_blank" title="Water, Meet Blood - JP Morgan Admits To, Reduces Massive Silver Short Position, Proves Millions Of Conspiracy Theorists Correct">guilty of manipulating the silver market</a> to make billions. In 2010 JP Morgan <a href="http://www.zerohedge.com/article/jp-morgan-says-it-had-perfect-trading-second-half-2010-lost-money-just-8-days-2010" target="_blank" title="JP Morgan Says It Had A Perfect Trading Second Half In 2010, Lost Money On Just 8 Days In 2010, Made Money On 96.9% Of Trading Days">had 3 perfect trading quarters</a> and only lost money on 8 days. <a href="http://www.zerohedge.com/article/two-lawsuits-filed-against-jp-morgan-connection-mortgage-foreclosures" target="_blank" title="Two Lawsuits Filed Against JP Morgan In Connection To Mortgage Foreclosures">Lawsuits on home foreclosures</a> have been filed against JP Morgan. <a href="http://www.zerohedge.com/article/goldman-jpm-have-now-become-commodity-cartel-they-recreate-de-beers-diamond-monopoly" target="_blank" title="Goldman, JP Morgan Have Now Become A Commodity Cartel As They Slowly Recreate De Beers' Diamond Monopoly">Aluminum price is manipulated</a> by JP Morgan through large physical ownership of material and creating bottlenecks during transport. JP Morgan was among the banks<a href="http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aisvHIHmcwQs&refer=home" target="_blank" title="Milan Police Seize UBS, JPMorgan, Deutsche Bank Funds (Update2)"> involved in the <span id="internal-source-marker_0.14">seizure </span> of $620 million</a> in assets for alleged fraud linked to derivatives. JP Morgan <a href="http://abcnews.go.com/Blotter/story?id=7146474&page=1#.T4-yi9XAGgM" target="_blank" title="JPMorgan Chase To Spend Millions on New Jets and Luxury Airport Hangar">got $25 billion <span id="internal-source-marker_0.15">taxpayer </span> in bailout</a> money. It has no intention of using the money to lend to customers, but instead <a href="http://www.nytimes.com/2008/10/25/business/25nocera.html?_r=3&oref=slogin&oref=slogin" target="_blank" title="So When Will Banks Give Loans?">will use it to drive out competition</a>. The bank is also the largest owner of BP - the oil spill company. During the oil spill the <a href="http://demonocracy.info/infographics/usa/derivatives/blogs.wsj.com/economics/2010/06/15/oil-spill-may-end-up-lifting-gdp-slightly/" target="_blank" title="Oil Spill May End Up Lifting GDP Slightly">bank said that the oil spill is good</a> for the economy.<br />
						JP Morgan Chase also <span id="internal-source-marker_0.16">received </span> a <a href="http://theeconomiccollapseblog.com/archives/have-you-heard-about-the-16-trillion-dollar-bailout-the-federal-reserve-handed-to-the-too-big-to-fail-banks" target="_blank" title="Have You Heard About The 16 Trillion Dollar Bailout The Federal Reserve Handed To The Too Big To Fail Banks?">SECRET $391 billion dollar bailout</a> from the Federal Reserve.<br />
						In 2012, JP Morgan (JPM) took a $2 billion loss on<a href="http://www.huffingtonpost.com/2012/05/10/jpmorgan-chase-takes-2-bi_n_1507766.html" target="_blank"> "Poorly Executed" Derivative Bets</a>.</p>
				</td>
			</tr>
		</tbody>
	</table>
	<img alt="Bank of New York Mellon - Derivative Exposure" src="http://demonocracy.info/infographics/usa/derivatives/images/demonocracy-derivatives-jp_morgan_chase.jpg" style="width:625px;height:746px;" /></div>
<table border="0" cellpadding="0" cellspacing="0" id="bank-10-all_banks-explanation" width="100%">
	<tbody>
		<tr>
			<td align="left">
				<u><strong>9 Biggest Banks' Derivative Exposure - $228.72 Trillion</strong></u></td>
		</tr>
		<tr>
			<td align="left" height="20">
				<p>
					Note the little man standing in front of white house. The little worm next to last<span id="internal-source-marker_0.21">football </span> field is a truck with $2 billion dollars.<br />
					There is no government in the world that has this kind of money. This is roughly 3 times the entire world economy. The unregulated market presents a massive financial risk. The corruption and <span id="internal-source-marker_0.20">immorality </span> of the banks makes the situation worse.<br />
					<br />
					If you don't want to bank with these banks, but want to have access to free ATM's anywhere-- most Credit Unions in USA are in the <a href="http://www.co-opnetwork.org/" target="_blank" title="CO-OP Network">CO-OP ATM network</a>, where all ATM's are free to any COOP CU member and most support depositing checks. The Credit Unions are like banks, but invest all their profits to give members lower rates and better service. They don't have <span id="internal-source-marker_0.19">shareholders </span> to worry about or have derivatives to purchase and sell.<br />
					<br />
					Keep an eye out in the news for "derivative crisis", as the <span id="internal-source-marker_0.17">crisis </span> is <span id="internal-source-marker_0.18">inevitable </span> with current falling value of most real assets.<br />
					Derivative Data Source: <a href="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/03/derivs%20by%20bank.jpg" target="_blank" title="Notional Amount of Derivative Contracts">ZeroHedge </a></p>
			</td>
		</tr>
	</tbody>
</table>
<p>
	<img alt="Bank of New York Mellon - Derivative Exposure" src="http://demonocracy.info/infographics/usa/derivatives/images/demonocracy-derivatives-230_trillion_exposure.jpg" style="width:625px;height:909px;" /></p>
<p>
	 </p>

    https://lacartadelabolsa.com/index.php/191914
[Volver]
Otros artículos en La Carta
Lo más leído hoy en La Carta