RED ALL OVER

Cardinal Numbers

March/April 2009

Reading time min

Cardinal Numbers

See our cover story on former chair of the U.S. Commodity Futures Trading Commission Brooksley Born.

Notional value of the derivatives market at the end of 2002: $106 trillion

Value of derivatives outstanding as of the first half of 2008: $531.2 trillion

Year in which Brooksley Born first sounded the alarm about the unregulated growth of the derivatives market: 1997

Congressional hearings at which Born testified about the risks of unregulated derivatives: 17

Percentage decrease in the S&P 500 index in 2008: 40

Years in which the market suffered a worse decline:: 1

Sources: International Swaps and Derivatives Association; Congressional Hearings; Standard & Poor’s

Trending Stories

  1. Feast Your Eyes

    Environment/Sustainability

  2. Seeing through skin; science skepticism; winning with jigsaw puzzles

    News

  3. 2024 Holiday Gift Guide

    Alumni Community

  4. Meet Carson Smith

    Student Life

  5. Chips off the Old Block

    The university

You May Also Like

© Stanford University. Stanford, California 94305.