The cornerstone and principal feature of this book includes the urgency and necessity priority and nanometer scale (where size is measured in one billionth of a meter) are in possession of nanoscale practical application delivery, convergence and the transformation of both the North American Industry Classification System (NAICS), 2012, and the United Nations International Standard Industrial Classification of All Economic Activities, Rev.4, into sources of global competitive advantage worldwide economic growth.The challenge that has blocked this global nanotechnology priority strategy is the 2007-2008 to 2012-2013 financial, economic, monetary, banking and corporations crisis and collapse.Leading factors in the creation of this financial and economic crisis include the huge global over-the-counter (OTC) derivatives accumulation in excess of the demand for dollars. This challenge was orchestrated by mega aggregate concentration that consisted of voting rights in major corporations, structure of corporate concentration, institutional shareholders, and interlocking directorates. There were catastrophic and calamity consequences accompanied by U.S. Federal Reserve Asset Purchases.

Economic Growth and the Nanotechnology Priority: The Challenge of Economic Crisis and Industrial Concentration argues that the nanometer scale would revolutionize and advance sources of economic growth to its highest and best use in history. This book strengthens the argument that economic growth with nanotechnology and nanometer scale as the dominant strategy, basis, and guide for the conversion of financial, economic monetary, banking, and corporate crisis and collapse from catastrophic consequences to the global competitive advantage worldwide stage.

ContentsChapter OneEssence of Economic Growth Based Nanotechnology Innovation WorldwideThe Grand StrategyGuidelines Sources for Creation of Design/Framework FormationTypes of Table Alpha 01: Nanometer Scale Driven Government SponsoredEnterprisesChapter TwoDefinitions and Concepts of Global Over-the-Counter (OTC) DerivativesAccumulation Crises U.S. Commodity Futures Trading Commission (CFTC)Over-the-Counter (OTC) DerivativesMarkets and the Commodity Exchange Act Report of the PresidentsWorking Group on Financial MarketsU.S. Derivatives Contracts with Foreigner Holdings and Transaction,U.S. Department of the TreasuryD. U.S. Cross-Border Derivatives Data: A Users GuideE. Keynote Address of Chairman Gary Gensler (CFTC)F. Federal Reserve Bank of New York, Staff Report, An Analysis of OTCInterest Rate Derivatives TransactionsG. Testimony: Patrick N. Parkinson, Deputy Director, Division of Researchand Statistics, Over-the-Counter Derivatives, U.S. Senate Subcommittee onSecurities, Insurance and InvestmentH. Lawrence A. Summers, Secretary, Department of the TreasuryI. Testimony: Governor Kevin Warsh, Board of Governors of the FederalReserve SystemJ. Senator Carl Levin, Chairman; Senator Tom Coburn, Ranking MemberK. Central Bank of Japan, The Bank of Japans InitiativeL. U.S. Securities and Exchange Commission Jointly with U.S. CFTCM. The Banco Central do Brazil (Central Bank of Brazil), Federal GovernmentN. The Central Bank of the Russian Federation (Bank of Russia)O. Bank of India, Ranked First Among the NationalizedP. The Peoples Bank of China, Decree No. 532 of the State Council of thePeoples Q. The Peoples Bank of China (PBC), Home About PBC is R. South African Reserve Bank, The Central BankS. International Monetary Fund (IMF) Financial T. U.S. GAO, Report of the Congressional Requesters, Long Term CapitalManagement (LTCM)U. United States Congress, House, Dodd-Frank V. Derivatives Instruments Sample Bank HoldingW Derivatives Instruments Sample Bank Holding Company FRB Distric PeerChapter ThreeGrand Tying Arrangements and Reciprocal Dealings (Reciprocity)Role of the Board of Governors of the Federal Reserve System, FinancialHolding Companies and Gramm-Leach-Bliley Act (1999)Model of Grand Tying Arrangement and Reciprocal Dealing (Reciprocity)ModelChapter FourGlobal Over-the-Counter (OTC) Derivatives AccumulationTable Vector: Global OTC Derivatives Accumulation Position MarketThe Long-Term Capital Management (LTCM) Near CrashChapter FiveThe Financial Crisis, Corporations, Concentration of Control and Market PowerProcesses of ConcentrationThe Financial and Economic Crisis and Collapse, 2007 and 2008, Global OTCDerivatives Gigantic Accumulation and U.S. Money Stock DemandThe Collateralized Debt Obligation (CDO) Machine: Deutsche Bank,Goldman Sachs, CitigroupMarket Structure Concentration of Control, Interlocking DirectoratesAmong Major U.S. Corporations and the Financial Crisis 2007 and 2008Institutional Shareholders and Interlocking Directorates AmongU.S. CorporationsInstitutional ConcentrationCompany Direct and Indirect Interlocks Among New York BankingCompaniesVoting Rights In Major Corporations and the Financial Crisis2007 and 2008Concentration of Control Through Interlocking Directorates and theFinancial CrisisThe Energy IndustryMajor Financial InstitutionsInterlocking Directorates in the Automotive IndustryThe 1912 Interlocking Directorates Process of Concentration StudyChapter SixCatastrophic and Calamity ConsequencesFederal Reserve System Injections and Reciprocal Currency Arrangements(SWAP Lines)Calamity ConsequencesEndnotesBibliographyIndex