Quarterly bank OCC report: Total Swaps jumped by $10T of nominal value in 2021 after being flat for the last 5 years. GS still leveraged 136:1 on their nominal derivatives, but was reduced. Top 5 increased their swaps by ~$1T each. Top 4 added $200B in short term Equity Derivatives alone.

by laflammaster Caption: Derivative Contracts by Products https://www.occ.gov/publications-and-… Caption: Table 1: NOTIONAL AMOUNTS OF DERIVATIVE CONTRACTS https://www.occ.gov/publications-and-… Caption: Table 3: DISTRIBUTION OF DERIVATIVE CONTRACTS https://www.occ.gov/publications-and-… Caption: Table 4: CREDIT EQUIVALENT EXPOSURES https://www.occ.gov/publications-and-… Caption: Table 10: NOTIONAL AMOUNTS OF DERIVATIVE CONTRACTS BY …

READ MORE

‘Anonymous’ threatens to target billionaire Elon Musk for his manipulation of Bitcoin’s value with his ‘cavalier’ tweets and says he shows ‘disregard for the average working person’

Anonymous is still a thing??? This should be interesting… After all, were living in Interesting times… https://www.forbes.com/sites/daveywinder/2021/06/06/did-anonymous-really-just-threaten-elon-musk-over-viral-bitcoin-tweets/?sh=6ce16c1a3279 https://www.joe.co.uk/news/anonymous-threatens-to-target-elon-musk-275396 International hacking collective Anonymous say they plan to target Elon Musk for sending the price of cryptocurrencies plunging with his tweets. In …

READ MORE