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> Is this firm big enough to cause a financial crisis on its own? I'm still trying to figure out what their gross and net positions were. But taking reported f
by JumpCrisscross 3mo ago
> Is this firm big enough to cause a financial crisis on its own?
I'm still trying to figure out what their gross and net positions were. But taking reported figures at face value, yes, $45bn is more than enough to start a credit crisis, particularly if everyone is crowded into a small set of leveraged positions that begin fire selling.