主题：【讨论】Too big to fail? 转一段分析 -- aokrayd
Normally the assets on the balance sheet is much less than liquidation value, unless it is mostly cash. The author overestimated the value of assets in case of bankruptcy.
He also ignored the chain actions in the case of a large institution failure. When one big bank has to sell everything to pay bond holders, the stock prices would be very depressed causing assets value of others shrink a lot.
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🙂【讨论】Too big to fail? 转一段分析 13 aokrayd 字5913 2011-10-03 23:36:05
🙂It is too rough estimation
🙂It is a rough estimation 1 aokrayd 字695 2011-10-04 22:16:31
🙂Just look at Lehman Brothers 笑看人生 字381 2011-10-06 14:02:16
🙂I can't agree on that aokrayd 字592 2011-10-06 23:14:32
🙂这是无可避免的 天涯睡客 字176 2011-10-04 22:52:33
🙂很有趣，这些数据应该准确的吧 南山南 字0 2011-10-04 00:28:04
🙂mostly should be reliable 1 aokrayd 字161 2011-10-04 22:05:42