As Barry stated:
$90 Trillion dollars derivative exposure for JPMorgan ? No wonder the Fed "rescue" of Bear Stearns was via JPM -- it was their own derivative exposure that was at risk.

Source: Treasury (Page 22)
As Barry stated:
$90 Trillion dollars derivative exposure for JPMorgan ? No wonder the Fed "rescue" of Bear Stearns was via JPM -- it was their own derivative exposure that was at risk.

All the amounts listed below are the year over year increases in notional exposure. While exposure did not decrease in 2007, the slowing growth was dramatic. I would expect a continuation in this trend (if not an outright contraction) for the year 2008.
Source: Treasury