Banks Eased Credit to Hedge Funds . . . WTF!

By | July 14, 2010

Sure forget the average guy lets put more money into the jack assess that F#({@d it all up in the first place.

“In the $615 trillion OTC derivatives market, the survey indicated that little change had occurred in the three months with respect to both standardized and customized trades, as well as in the level of disputes over pricing and collateralization.”

Just wait until those derivatives unravel.

via Banks Eased Credit to Hedge Funds, Private Equity – BusinessWeek.