Bank Failures Visualized
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Bank Failures Visualized
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Re: Bank Failures Visualized
#2That needs to go back to the 80s to capture the SnL crisis. It dwarfs 08 in bank failures. It better indicates the conglomeration of the many banks into the few we have today.
Re: Bank Failures Visualized
#3A veritable Mandelbrot Set of failure
Re: Bank Failures Visualized
#4 r should be sqrt(assets).
It is.
Re: Bank Failures Visualized
#5Hm? Where's Lehman?
Re: Bank Failures Visualized
#6This needs to be re-expressed as a % of GDP to be useful. And as already pointed out, the largest of them (Lehman) is missing
Re: Bank Failures Visualized
#7That needs to go back to the 80s to capture the SnL crisis. It dwarfs 08 in bank failures. It better indicates the conglomeration of the many banks into the few we have today.
08 was artificially low because many banks got merged at a fire sale. Wachovia, Merrill Lynch, Bear Stearns, and National City stick out. Other financial institutions got essentially nationalized and stock became mostly worthless like Citi and AIG, although the government sold most of their stock in 2011
Credit Suisse is about the same size as SVB, Signature Bank, and First Republic combined but it got “acquired” by UBS at a price 60% below its last trading price in a deal where $17 billion of debt was wiped out so it doesn’t count here
Re: Bank Failures Visualized
#8r should be sqrt(assets). It is.
Are the assets inflation-adjusted, also?
Re: Bank Failures Visualized
#9This needs to be re-expressed as a % of GDP to be useful. And as already pointed out, the largest of them (Lehman) is missing
Lehman Brothers isn’t technically a bank failure. It was an investment bank that went bankrupt, it had zero FDIC involvement
Re: Bank Failures Visualized
#10That needs to go back to the 80s to capture the SnL crisis. It dwarfs 08 in bank failures. It better indicates the conglomeration of the many banks into the few we have today.
I have faith that we can top S&L. We have the technology. We have the talent. There are six banks with over a trillion in assets in the US. I have faith that one of them has been doing some wild book cooking. I'd place a bet on Citibank, followed by Wells Fargo. There's an old saying in Tennessee — I know it's in Texas, probably in Tennessee — that says, fool me once, shame on… shame on you. Fool me… you can't get fooled again.
I'm just hoping this time it's something absolutely outrageous just for the lulz of it all. Like, let's get some FTX-style absurdity. All the absurdity happens in crypto right now but I still have faith in regular banking. Some people still like the challenge of regulated markets.