Phil Kerpen

Derivative Dangers Threaten Global Markets
By Paul Strand
CBN News Sr. Washington Correspondent
September 21, 2008

CBNNews.com - Add up the gross domestic product for all the world and it comes to about $50 trillion.

But now there's a wild trade going on between investors in something called "derivatives" that adds up to more than $700 trillion.

Read the rest and see the video at CBN News.