The Equity markets have rebounded from panic lows, but the derivative WMD maze remains!
Just take a look at the Top 5 !
Kind of puts the G-20 -> IMF's $1Trillion package into perspective. The proposed IMF gold sale of approximately $12Bn is just a drop in the ocean.
No wonder these guys are all for suspending MTM rules or avoiding marking anything to market ( if the market really does exist!)
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