Big Risk: $1.2 Quadrillion Derivatives Market Dwarfs World GDP. One of the biggest risks to the world's financial health is the $1.2 quadrillion derivatives market.
It's complex, it's unregulated, and it ought to be of concern to world leaders that its notional value is 20 times the size of the world economy. But traders rule the roost -- and as much as risk managers and regulators might want to limit that risk, they lack the power or knowledge to do so. A quadrillion is a big number: 1,000 times a trillion. Yet according to one of the world's leading derivatives experts, Paul Wilmott, who holds a doctorate in applied mathematics from Oxford University (and whose speaking voice sounds eerily like John Lennon's), $1.2 quadrillion is the so-called notional value of the worldwide derivatives market.
To put that in perspective, the world's annual gross domestic product is between $50 trillion and $60 trillion. To understand the concept of "notional value," it's useful to have an example. Getting a Handle on Derivatives Risk. Big Banks, Big Business and Big Bureaucrats Run the EU - @Nigel_Farage @UKIP. Iraq’s Grim Reaper Gets Humanitarian Award. There is a special place in hell for women who don’t help other women.— Madeleine Albright.
IRAQ ATROCITIES: Iraq:IT’S OFFICIAL - George W Bush is a war criminal. Documentary Photography by Alex Masi. **Detailed Information and Investigative Text Available** After almost a decade of war in Iraq, and a recent military disengagement by the USA, local doctors in the Sunni town of Fallujah, Al Anbar, are dealing with a mysterious spike in deformities and severe illnesses in children, following two violent US-led battles for the city in 2004.
Records at the general hospital indicate that around 15 per cent of newborns are presenting congenital defects. Parents in distress are questioning doctors for concrete explanations they are unable to provide. The average elsewhere in the world is believed to be between 2 and 4 per cent. According to a study carried out by Dr Chris Busby, professor at the University of Ulster, Belfast, a major mutagenic exposure must have occurred. Under suspicion are new modern portable systems. The UK government is presently facing a legal case at home, through 'Public Interest Lawyers', in Brighton, for its involvement in the second battle for Fallujah. IRAQ ATROCITIES: The U.S. Deliberately Destroyed Iraq's Water Supply So That The Iraqi Children May Die ALL 500.000 Of Them. "The United States knew the cost that civilian Iraqis, mostly children, would pay, and it went ahead anyway.”
On May 12, 1996 some of the horrible consequences of this policy were revealed when the CBS news program 60 Minutes reported that roughly half million Iraqi children had died as a consequence of U.S. imposed sanctions. This led to Secretary of State Madeleine Albright’s infamous answer to the question, “is the price worth it?”
Her reply was yes “we think the price is worth it.” Albright later apologized, not for the murderous policy for which she was partially responsible, but rather for the fact that her answer to the above question had “aggravated our public relations problems” in the Middle East. As to domestic reaction, her comment “went unremarked in the U.S.” Representative Alan Grayson Investigates The Federal Reserve : Alan Grayson and Elizabeth Coleman. <div style="padding:5px; font-size:80%; width:300px; background-color:white; margin-left:auto; margin-right:auto; border:1px dashed gray;"> Internet Archive's<!
--'--> in-browser video player requires JavaScript to be enabled. It appears your browser does not have it turned on. Please see your browser settings for this feature. </div> When Rep. This video was posted to the Youtube website. The Federal reserve act of 1913; history and digest : Iden, Virginius Gilmore, 1885- Discount rates of the federal reserve banks, 1914-1921 : Board of Governors of the Federal Reserve System (U.S.) The National-bank act as amended, the Federal Reserve act and other laws relating to national banks : United States. Practical banking, with a survey of the Federal reserve act : Harris, Ralph Scott. General Accounting Office report on the Federal Reserve System : hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Fourth Congress, second session, on recommendations made by the General Accounting Offi.
eBook and Texts > Additional Collections > US Government Documents > General Accounting Office report on the Federal Reserve System : hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Fourth Congress, second session, on recommendations made by the General Accounting Office in its June 1996 report ...
July 26, 1996 View the book (~496 pg)Read Online (22.3 M)PDF (16.7 M)B/W PDF(~496 pg)EPUB(~496 pg)Kindle(~496 pg)Daisy (1.1 M)Full Text (11.3 M)DjVu All Files: HTTPS Torrent (2/0) Help reading texts Resources Bookmark. Commercial banking practice under the Federal reserve act; : National bank of commerce in New York. [from old catalog] Congressman McFadden on the Federal Reserve Corporation. The Federal Reserve Conspiracy : Antony C. Sutton. Fullscreen Author:Antony C.
Description. Creature From Jekyll Island - G. Edward Griffin. Fullscreen Description FAIR USE NOTICE: This may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner.
We are making such material available in our efforts to advance understanding of criminal justice, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Creative Commons license: Attribution-Noncommercial-No Derivative Works 3.0 Write a review Downloaded 11,011 times Reviews Average Rating: Perpetual peace; a philosophical essay, 1795 : Kant, Immanuel, 1724-1804. Essays on political economy; : Bastiat, Frédéric, 1801-1850. Federal reserve act as amended to December 24, 1919 : Bank of Commerce in New-York. Index-digest of the Federal reserve act and amendments .. : Board of Governors of the Federal Reserve System (U.S.) Fullscreen Author:Board of Governors of the Federal Reserve System (U.S.)Subject:Federal Reserve banks; Banks and bankingPublisher:Washington, Govt. print. off.Language:EnglishCall number:HJ2560 .A5 1918Digitizing sponsor:MSNBook contributor:Cornell University LibraryContributor usage rights:See termsCollection:cornell; americanaFull catalog record:MARCXML This book has an editable web page on Open Library.
Description. Index-digest of the Federal reserve act and amendments the act of December 23, 1913, the act of August 4, 1914, the act of August 15, 1914, the act of March 3, 1915 : Board of Governors of the Federal Reserve System (U.S.) eBook and Texts > Cornell University Library > Index-digest of the Federal reserve act and amendments the act of December 23, 1913, the act of August 4, 1914, the act of August 15, 1914, the act of March 3, 1915 View the book (~508 pg)Read Online (13.0 M)PDF(~508 pg)EPUB(~508 pg)Kindle(~508 pg)Daisy (985.5 K)Full Text (7.5 M)DjVu.
GovTrack.us: Tracking the U.S. Congress. Federal Reserve Inspector General hedges on trillions missing in Congressional hearing - National US Intelligence. The Inspector General of the Federal Reserve in the video below acknowledges that trillions of dollars cannot be accounted for. The astonishing five-minute clip is taken from a Congressional hearing where Federal Reserve Inspector General Elizabeth Coleman is questioned by Congressman Alan Grayson of Florida on May 6th about huge amounts of money for which the Federal Reserve is responsible. The Inspector General avoids answering almost every question asked by the Congressman.
In fact, she appears in this video clip to know less about the finances of the Federal Reserve than Congressman Grayson. Among the many important questions raised, Grayson requests information on the Bloomberg report that many trillion of dollars in credit have been extended by the Federal Reserve. When the Inspector General avoids answering, Grayson states, "If you're not responsible for investigating that, who is? " Watch this highly revealing five-minute video clip here: Analysis Methodology. The ideology analysis assigns a liberal–conservative score to each Member of Congress based on his or her pattern of cosponsorship. In a nutshell, Members of Congress who cosponsor similar sets of bills will get scores close together, while Members of Congress who sponsor different sets of bills will have scores far apart.
Members of Congress with similar political views will tend to cosponsor the same set of bills, or bills by the same set of authors, and inversely Members of Congress with different political views will tend to cosponsor other congressmen’s bills. You can find this analysis on the pages for current Members of Congress.
The charts to the right plot the ideology score on the horizontal axis and the leadership score on the vertical axis. Look at the extremes. Overview. Analysis Methodology. The ideology analysis assigns a liberal–conservative score to each Member of Congress based on his or her pattern of cosponsorship. In a nutshell, Members of Congress who cosponsor similar sets of bills will get scores close together, while Members of Congress who sponsor different sets of bills will have scores far apart. Members of Congress with similar political views will tend to cosponsor the same set of bills, or bills by the same set of authors, and inversely Members of Congress with different political views will tend to cosponsor other congressmen’s bills.
You can find this analysis on the pages for current Members of Congress. The charts to the right plot the ideology score on the horizontal axis and the leadership score on the vertical axis. Look at the extremes. Overview The data that goes into this analysis is a list of who sponsored or cosponsored which bills. We first began publishing this analysis in 2004, then calling it a political spectrum. Methodology. Analysis Methodology. The ideology analysis assigns a liberal–conservative score to each Member of Congress based on his or her pattern of cosponsorship. In a nutshell, Members of Congress who cosponsor similar sets of bills will get scores close together, while Members of Congress who sponsor different sets of bills will have scores far apart. Members of Congress with similar political views will tend to cosponsor the same set of bills, or bills by the same set of authors, and inversely Members of Congress with different political views will tend to cosponsor other congressmen’s bills.
You can find this analysis on the pages for current Members of Congress. Analysis Methodology. The ideology analysis assigns a liberal–conservative score to each Member of Congress based on his or her pattern of cosponsorship. In a nutshell, Members of Congress who cosponsor similar sets of bills will get scores close together, while Members of Congress who sponsor different sets of bills will have scores far apart.
Members of Congress with similar political views will tend to cosponsor the same set of bills, or bills by the same set of authors, and inversely Members of Congress with different political views will tend to cosponsor other congressmen’s bills. You can find this analysis on the pages for current Members of Congress. The charts to the right plot the ideology score on the horizontal axis and the leadership score on the vertical axis. Look at the extremes. Overview The data that goes into this analysis is a list of who sponsored or cosponsored which bills.
We first began publishing this analysis in 2004, then calling it a political spectrum. Federal Reserve Transparency Act of 2009 (2009; 111th Congress H.R. 1207. GovTrack’s Bill Summary We don’t have a summary available yet. House Committee on Financial Services. House Committee on Financial Services. Oversight and Investigations.
Monetary Policy and Trade. Financial Institutions and Consumer Credit. 50 Richest Members of Congress: The Wealth Keeps Growing. By Adriel Bettelheim and Jay Hunter Roll Call Staff Sept. 13, 2013, 1:20 p.m.; Corrected Oct. 7, 2013 11:48 a.m. Douglas Graham/CQ Roll Call File Photo. Elizabeth Warren Brings News Anchors To Knees.