Zero Hedge: "Top 5 Banks Hold 95.7%, Or $221 Trillion, Of Outstanding Derivatives''

From Zero Hedge

"To wit: in Q4 2011, of the total $230.8 trillion in US outstanding derivatives, the Top 5 banks (JPM, BofA, Morgan Stanley, Goldman and HSBC) accounted for 95.7% of all Derivatives. In some respects this is good news: in Q2, the Top 5 banks held 95.9% of the $250 trillion in derivatives."

read more