How 9 banks are exposed to $200 trillion in derivatives (infographic) [View all]

[Ian62]

http://articles.businessinsider.com/2012-04-24/wall_street/31390709_1_pension-funds-derivative-exposure-bailout

Demonocracy created a great infographic detailing the exposure of the nine banks with the largest exposure to derivatives. Combined, these nine banks are exposed to $228.72 trillion in derivatives, a shockingly high number.
That number, as Demonocracy states, is worth approximately three times the entire world economy.

Demonocracy


This picture explains the graphics used for the rest of the infographic. A truck is worth one billion, a big tower is worth one trillion, and so forth.

Demonocracy
BNY has a derivative exposure of $1.375 Trillion dollars.
Considered a too big to fail (TBTF) bank. It is currently facing (among others) lawsuits fraud and contract breach suits by a Los Angeles pension fund and New York pension funds, where BNY Mellon allegedly overcharged the funds on many millions of dollars and concealed it.


Read more: http://articles.businessinsider.com/2012-04-24/wall_street/31390709_1_pension-funds-derivative-exposure-bailout#ixzz2GNsABwqw