Ellen Brown: How Greece Could Take Down Wall Street

Today, the Greek people are going hungry to protect a rigged $32 trillion Wall Street casino.
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According to the Comptroller of the Currency, nearly 95 percent of the banking industry's total exposure to derivatives contracts is held by the nation's five largest banks: JPMorgan Chase, Citigroup, Bank of America, HSBC, and Goldman Sachs. The CDS market is unregulated, and there is no requirement that the "insurer" actually have the funds to pay up. CDS are more like bets, and a massive loss at the casino could bring the house down.