Derivatives: The Real Reason Bernanke Funnels Trillions Into Wall Street Banks

Derivatives: The Real Reason Bernanke Funnels Trillions Into Wall Street Banks

Posted By: Lion [Send E-Mail]
Date: Tuesday, 18-Oct-2011 20:40:43

In Response To: Video: Banksters - William Black tells the real truth (Lion)

-------- Source: Seeking Alpha http://seekingalpha.com/article/251375-derivatives-the-real-reason-bernanke-funnels-trillions-into-wall-street-banks We’ve been over the numerous BS excuses that US Dollar destroyer extraordinaire Ben Bernanke has made for QE enough times that today I’d rather simply focus on the REAL reason he continues to funnel TRILLIONS of Dollars into the Wall Street Banks. I’ve written this analysis before. But given the enormity of what it entails, it’s worth repeating. The following paragraphs are the REAL reason Bernanke does what he does no matter what any other media outlet, book, investment expert, or guru tell you. Bernanke is printing money and funneling it into the Wall Street banks for one reason and one reason only. That reason is: DERIVATIVES. According to the Office of the Comptroller of the Currency’s Quarterly Report on Bank Trading and Derivatives Activities for the Second Quarter 2010 (most recent), the notional value of derivatives held by U.S. commercial banks is around $223.4 TRILLION. Five banks account for 95% of this. Can you guess which five? (end snip) More here: http://seekingalpha.com/article/251375-derivatives-the-real-reason-bernanke-funnels-trillions-into-wall-street-banks : -------------- : "We have known for a decade that these are frauds. We : have known for a decade how to stop them. All of the major : regulatory agencies were complicit..." : - Banking fraud investigator William Black in Congressional : Testimony. : --------------- : Still think Congress is unaware of the fraud? : They all know. They do nothing - and expect you to believe : they are a legitimate legislative body. : You can count on zero fingers the number of 2012 presidential : candidates willing to tackle the real issue of rampant : fraud and corruption within their bankster owned circles. : ----------------- : Banksters - William Black tells the real truth : : http://youtu.be/J8CqaHTygSc : http://www.youtube.com/watch?v=J8CqaHTygSc&feature=related