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There are three players in a hypothetical OTC derivatives market: GS, Citi and JPM. Here are their positions: What is the current counterparty-risk exposure for

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There are three players in a hypothetical OTC derivatives market: GS, Citi and JPM. Here are their positions: What is the current counterparty-risk exposure for each bank ? What would the counterparty risk for each bank be if there were a single centralizedclearinghouse for the whole market

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