It would appear the powers-that-be have just stumbled on to the ugly fact that all the bailed-in depositor money in the world won't stop the novated, rehypothecated, collateral chain collapse contagion that Deutsche Bank's $40 trillion-plus derivatives book's Damocles sword hangs over the status quo. However, being the problem-solving types, the European technocrats have a 'fair-share' solution - back a derivative clearing-house with taxpayer money to solve the new too-biggest-to-fail problem "that no one saw coming.
Here’s something new from Project Pat and Big Trill featuring Harlem’s own Vado. This will eventually live on Trill and Pat’s upcoming collaborative mixtape. Listen below. Previously: Project Pat – Priorities (Video)
3rd leak from Project Pat and Big Trill’s upcoming joint project. Video coming soon. Previously: Project Pat & Big Trill ft. Chevy Woods – Gettin It
While Bloomberg has done a tremendous job of digging through 29,346 pages of FOIA data, its discovery is not at all surprising: that Wall Street's (not to mention the rest of the world's) biggest banks received a total of $1.2 trill...
Project Pat, Young Buck and Big Trill join forces for this new collaboration called “Calico”. This will appear on Project Pat and Big Trill’s upcoming joint project. Previously: Project Pat ft. Trae Tha Truth & Big Trill – Kangaroo