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The number appears to come from a report titled "Survey of non-bank financial institutions: Final report prepared for U.S. Department of the Treasury", authored
by thaumaturgy 8y ago
The number appears to come from a report titled "Survey of non-bank financial institutions: Final report prepared for U.S. Department of the
Treasury", authored by an outfit called Dove Consulting, back around 2000 or thereabouts. See also p. 10 of http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.195.8298&rep=rep1&type=pdf http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.195... [pdf]