Major Swap Participants

[T-bone1]

this sounds like a huge notional value of swaps . . . I wonder who else has exposure:'

 

IBM IBM warns its organic growth and/or M&As could be harmed if it is named a "major swap participant" - FT ($131.98) (09/21/2010 22:35 ET)

An executive tells a conference that such a Dodd-Frank designation could tie up $5B of capital as margin requirements for its derivatives portfolio, which she says would eliminate a year of acquisitions, or eliminate some possibilities for organic growth. She says there would "obviously" be an "impact on jobs."

 

[twacowfca]

this sounds like a huge notional value of swaps . . . I wonder who else has exposure:'

 

IBM IBM warns its organic growth and/or M&As could be harmed if it is named a "major swap participant" - FT ($131.98) (09/21/2010 22:35 ET)

An executive tells a conference that such a Dodd-Frank designation could tie up $5B of capital as margin requirements for its derivatives portfolio, which she says would eliminate a year of acquisitions, or eliminate some possibilities for organic growth. She says there would "obviously" be an "impact on jobs."

 

 

 

The law of unintended consequences being inforced.  ???

[link01]

yea, this could get to be a serious problem. i wonder if this will be modified to apply only to financial co's at the 11th hour?