The securitized debt OTC derivative market is seizing up. It is not seizing up, it is dying. This mountain is a two trillion dollar scam. It was known in 2008, but nothing was done about it. Now litigation is going to set the victims free. What the first OTC derivative crisis did not do to the international investment banks, litigation will. Here comes the final act in the OTC derivative crime against humanity.
Jim Sinclair on OTC derivatives, www.JSMineset.com, October 19, 2010