3 ms·
And this chart paints an even different picture: https://twitter.com/alistairmbarr/status/1634275645235793920 https://twitter.com/alistairmbarr/status/16342756
by ezekg 4y ago
And this chart paints an even different picture:
https://twitter.com/alistairmbarr/status/1634275645235793920 https://twitter.com/alistairmbarr/status/1634275645235793920
- kmlx 4y agolehman brothers had total assets of $639B when it filed for bankruptcy on September 15, 2008. adjusted for inflation that's ~$800B.
- scythe 4y agoLehman was an investment bank — they didn't take deposits. Wikipedia describes them as a "financial services firm".
- TaylorAlexander 4y agoIs total assets a useful measure here? I would be more interested in a chart that showed budgetary shortfalls. It sounds like SVB is only short about 10% of total assets if I am remembering what I read earlier this morning.
- paulddraper 4y agoNo one really knows. And banks usually aren't crazy amounts short. But they're short enough to got under.