Russian Roulette: Taxpayers Could Be On The Hook For Trillions In Oil Derivatives
December 19, 2014 at 15:24 PM EST
The sudden dramatic collapse in the price of oil appears to be an act of geopolitical warfare against Russia. The result could be trillions of dollars in oil derivative losses; and the FDIC could be liable, following repeal of key portions of the Dodd-Frank Act last weekend.