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CAFR1 NATIONAL POST - 09/22/08 - FOR DISTRIBUTION / PUBLICATION
Bank Derivative Holdings, as compiled by the: "Comptroller of the Currency Administrator of National Banks - US Department of the Treasury"
Shows JP Morgan is "King" - with a 1.4 trillion dollar assets value, but JP Morgan was rolling over with $89.9 trillion of derivative contracts. (what a ratio)
SOURCE: Table 1, about seen 2/3rds down (after graphs) in this US Treasury report - http://www.occ.treas.gov/ftp/release/2008-74a.pdf
Alternative download link - http://cafr1.com/STATES/US-TreasuryReports/BankDerivativesMarch08.pdf
CITYGROUP is #2 and Bank of America #3. Controlling (manipulating) the derivative market contrary to what all the rest are thinking at the time gives you the ability to clip everyone else's assets.The figures are abbreviated as shown in millions as noted, so add "six zeros" to the figures shown so TABLE 1 - JP Morgan = $89,997,271,000,000.
You will also see the Gold derivative positions held in the tables also.
I would love to find the data per the "World Market" derivatives held and rolled over by CALPERS International through their off-shore holding groups. There we could see what "Countries" are in the process of being taken over through the record of that derivative activity. Additionally, the the data of "all" US local and Federal government derivative activity especially from the now 136,000 municipal government corporations would be a grand thing to compile. A small fraction of derivative activity thereof can be seen courtesy of PA's State Government accounting and the figures as noted are in thousands so add three zeros: PA's 2002 CAFR NOTE (D) http://cafr1.com/STATES/PA/PA2002D75.JPG and for the 2006 PA CAFR (Complete CAFR) pages 72 to 88. http://cafr1.com/STATES/PA/PA2006CAFR.pdf
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We all hear cries of: "Mortgage Crises", well see the reality of the current standing of US Mortgages.
Mortgage - 6.1 trillion dollars - view the facts - see the real data - http://www.occ.treas.gov/ftp/release/2008-105a.pdf
Alternative download link - http://cafr1.com/STATES/US-TreasuryReports/MortgageJune08.pdf
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And if you would like to see the most current reports per banking that the US Treasury makes available, go to - http://www.occ.treas.gov/foia/foiadocs.htm
Sent FYI from,
Walter Burien
http://CAFR1.com
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Pension funds pay a salary and benefits at retirement. Any local government can be restructured to meet their annual budget needs "Without" taxes. TRF (Tax Retirement Funds) paying for every City, County, State's annual budgetary needs! This now makes the people the true owners with government being the true service provider. Government has already shown that a TRF works by example through the management of their own combined multi-trillion dollar pension funds! CAFR1 says: Make it law and make it so!
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