OCC Options

on OCC (Options Clearing Corporation) counterparty risk:

basically in 2008 they had a $3.5 billion cash fund and a $130 billion emergency fund. not that much if you ask me..

here's their rules:

OCC 2011 Annual Report - The Options Clearing Corporation

says the clearing fund is only $2.9 billion at the end of 2011! They also have 76.8 billion in margin. they have only $12million in shareholders' equity. they lost $8million in 2011! they have $50-80million in cash