Online: | |
Visits: | |
Stories: |
Story Views | |
Now: | |
Last Hour: | |
Last 24 Hours: | |
Total: |
TND Guest Contributors: Dave Kranzler & John Titus |
Part 1 of this series explains the colossal size of the derivatives market and the heads-Wall Street-wins / tails-Main Street-loses nature of this painstakingly rigged casino.
Do you think derivatives are unregulated? They are–until a series of bets goes bad and starts toppling a bank, at which point rules materialize out of nowhere and meticulously provide for the looting of your checking and savings accounts to pay off the bad bets made by your bank.
When (not if) the derivatives chain of dominoes starts to teeter, it’s going to be Open Season on your bank accounts. Say, what interest rate is your bank paying you to take on such a huge risk, anyhow?
Dave Kranzler explains with the help of co-producer John Titus.
# # # #
About Dave Kranzler
I spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, I traded junk bonds for Bankers Trust. I have an MBA from the University of Chicago, with a concentration in accounting and finance. My goal is to help people understand and analyze what is really going on in our financial system and economy. You can follow my work and contact me via my website Investment Research Dynamics. Occasionally, I publish on Seeking Alpha too. As a co-founder and principal of Golden Returns Capital, LLC Mr. Kranzler co-manages the Precious Metals Opportunity Fund, a metals and mining stock investment fund.
Follow All Of TheNewsDoctors.com’s Exclusive Articles:
http://thenewsdoctors.com/category/thenewsdoctors-exclusive/
OR
Subscribe To Receive All TND’s Exclusive Articles In Your RSS Feed:
http://thenewsdoctors.com/category/thenewsdoctors-exclusive/feed/