$1.6 Quadrillion Annual Transaction Settlement by One Company. DTCC.comSubmitted by Mark Twain on Sun, 04/08/2012 - 14:22
Depository Trust & Clearing Corporation. "DTCC's depository provides custody and asset servicing for more than 3.6 million securities issues from the United States and 121 other countries and territories, valued at US $37 trillion in 2010."
DTCC peak transaction flow appeared 2007, when we all heard that, "Giant sucking sound." Ross Perot warned us. Disappeared 1/2 our economy.
- 2005. $1.4 Quadrillion [Going up.]
- 2006 $1.5 quadrillion
- 2007. $1.8 Quadrillion
- 2008. $1.88 Quadrillion [During the Great Recession.]
- 2009. $1.48 Quadrillion [They somehow managed to eek by.]
- 2010. $1.66 Quadrillion
- 2011. $1.7 Quadrillion [Going up! Stand back. Doors are closing.]
- 2012. $1.6 Quadrillion [Went down! Stand back. Doors are closing.]
"Legal Tender" Laundry Operation Center: DTCC, 55 Water Street, Manhattan NY. Off Broadway. Get your tickets! Laundry & Dry Cleaning while you watch the show.
Mark Twain collection briefs about the Fed family & Monopoly Boyz friends. Fed Inflates Itself Beyond "Alice in Wonderland" ... $2 Quadrillion Collected & submitted by Mark Twain 09/11/2011
Following the money is easy once inside the Labyrinth. Getting out is a puzzlement. The lie of the Labyrinth.
============ $2 quadrillion footnote, May 2012. ============
About DTCC [$2 Quadrillion Footnote]
DTCC, through its subsidiaries, provides clearance, settlement and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments and over-the-counter derivatives. In addition, DTCC is a leading processor of mutual funds and insurance transactions, linking funds and carriers with their distribution networks. DTCC’s depository provides custody and asset servicing for almost 3.7 million securities issues from the United States and 121 other countries and territories, valued at US$39.5 trillion. In 2011, DTCC settled nearly US $1.7 quadrillion in securities transactions. DTCC has operating facilities and data centers in multiple locations in the United States and overseas. For more information, please visit www.dtcc.com.