Interest Rate Derivatives & Goldman Sachs & JPMorgan

1 post / 0 new
WendyT's picture
Status: Bronze Member (Offline)
Joined: Sep 26 2008
Posts: 39
Interest Rate Derivatives & Goldman Sachs & JPMorgan


Could you please comment on the matter of interest rate derivatives; the huge amounts of these held by GS and JPM (on the order of $87 Trillion and $38 Trillion, respectively, according to one source -which unfortunately I cannot locate at the moment); and the implications for FED policy visavis interest rates, for future banking sector losses, and the financial system in general? (I'm not asking for too much, am I? LOL)

I read "according to the fourth quarter report just released this past Friday by the Comptroller of the Currency (OCC), commercial banks lost a record $3.4 billion in interest rate derivatives, or more than seven times their worst previous quarterly loss in that category." The link to the OCC report is

and an analysis of it is found at:



Login or Register to post comments