#derivatives #leverage #volatility #goldmansachs #OCC #federareserve #fdic #wallstreet #banks #markets
Today we will look at the derivatives market and how important it is not just for the major Wall Street firms but the whole financial system and the economy as a whole.
The focus will be on Goldman Sachs as lately, we have seen some very senior executives leave the bank.
The conclusion is that volatility in the financial markets is the biggest enemy of Wall Street and its notional derivative exposure.
What's Going On At Goldman? Another Senior Exec Just Jumped Ship: https://www.zerohedge.com/markets/whats-going-goldman-another-senior-exec-just-jumped-ship
Citigroup Wrote the Wall Street Giveaway The House Just Approved: https://www.motherjones.com/politics/2014/12/spending-bill-992-derivatives-citigroup-lobbyists/
Sunak - Another Rank Amateur - UK Budget:
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Thanks again keeping us updated and educated, @maneco64. Sounds like it has been out of control for a long time.