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IPFS News Link • Economy - Economics USA

We Are On The Hook For 303 Trillion Dollars in Derivatives

12-12-2014 • Zerohedge.com

Financial institutions to trade certain financial derivatives from subsidiaries that are insured by the FDIC, explicitly putting taxpayers on the hook for losses caused by these contracts.

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Reported By Jack Gregson

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We Are On The Hook For 303 Trillion Dollars in Derivatives

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