I don't know what all this means but it doesn't sound good.

Yesterday the DTCC (that would be the Depositors Trust Clearing Corporation) issued a report that, for the first time, established an estimate for the total pool of credit default swaps at loose in the world: $33.6 trillion, which seems to this writer to be a lot of money. Today, however, Bloomberg reports that some "expert" thinks that the DTCC missed 40% of what's actually out there. How much is that, then, $60 trillion? A whole bunch,no matter my math, so that's a pretty large liability floating around, no?