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[transsybir]

When you add it all up, according to Das' research, a single dollar of "real"
capital supports $20 to $30 of loans. This spiral of borrowing on an
increasingly thin base of real assets, writ large and in nearly infinite
variety, ultimately created a world in which derivatives outstanding earlier
this year stood at $485 trillion



We wonder how many other US corporations are quietly loaded up with
derivatives risks as well, either as a large counterparty, or the target of a
pyramid of wagers on failure risk many hundreds of times their actual net
worth. What a monster Wall Street has created for the world.

[transsybir]

When you add it all up, according to Das' research, a single dollar of "real"
capital supports $20 to $30 of loans. This spiral of borrowing on an
increasingly thin base of real assets, writ large and in nearly infinite
variety, ultimately created a world in which derivatives outstanding earlier
this year stood at $485 trillion

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