Comtrollers office figures in the Trillions:

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Comtrollers office figures in the Trillions:

posted on Sep 28, 2008 08:25PM

-Is the Fed giving us the right figures?
http://www.occ.treas.gov/ftp/release/2008-115.htm
>
>The report shows that the notional amount of derivatives held by insured U.S.
commercial banks increased by $1.8 trillion in the second quarter, or 1 percent,
to $182 trillion. Interest rate contracts increased $3.1 trillion to $145 trillion,
while credit derivatives decreased 6 percent to $15.5 trillion.

Does anyone know what this means?

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