Jorma Posted September 14, 2018 Report Share Posted September 14, 2018 3 hours ago, DrStool said: Kind of surprised at the pullback, but it hasn't broken support. 2895 is the line in the sand. The pullback was perfectly coincident with the Manfort plea deal. Irrelevant for the markets. Link to comment Share on other sites More sharing options...
Jimbo Posted September 15, 2018 Report Share Posted September 15, 2018 LEHMAN REDUX The Financial Review full of ten year articles on the Lehman collapse But all the articles seem to miss the real issue Lehman went under because it had excessive leverage of 30 to 1. If it had been levered 15 to 1 it would have survived Even with all the bad subprime it had on the balance sheet, I had calculated months before Lehman collapsed that it had negative equity of 15 Billion and posted such information on this Board. I also stated on this Board that it was going bankrupt several months before it actually did go kaput. Lehman only had 20 Billion in equity backing up 600 Billion in assets and liabilities, It was simply too little. It needed at least double this equity level to survive. Actually Deutche Bank currently has the same debt equity ratios as Lehman had when it went under!!!!!!!!!!!! Thats why I think the German Government will have to bail it out. Link to comment Share on other sites More sharing options...
aussiebear Posted September 17, 2018 Author Report Share Posted September 17, 2018 ---> Mashed Monday Link to comment Share on other sites More sharing options...
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