As of December 31 of last year, just six bank holding companies (out of a total of 4,839 federally-insured) hold $13.699 trillion or 61 percent of all assets of all commercial banks.That is the most dangerous concentration of risk in the history of federally-insured banking Those are the same six bank holding companies that control 89 percent of the $234 trillion in derivatives that have a habit of blowing up during every Fed rate-hiking cycle.(2) https://t.co/YmRNlpfb7w pic.twitter.com/ozmnRpZsBS
— Guillermo Ruiz Zapatero (@ruiz_zapatero) May 18, 2022
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