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As of Dec 31 the total liabilities were $195bn. Given that they had only $5bn of long-term debt - and $173bn of deposits - it seems that bond holders cannot ab
by kgwgk 4y ago
As of Dec 31 the total liabilities were $195bn.
Given that they had only $5bn of long-term debt - and $173bn of deposits - it seems that bond holders cannot absorb much (even though it's not very likely that they receive anything).
- wbl 4y agoThat's $23 billion of non-deposit liabilities that will be junior to the deposits.