Jump to content
Sign in to follow this  
aussiebear

World Stock Markets Trading Discussion - Unflappable usurpation

Rate this topic

Recommended Posts

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.

Share this post


Link to post
Share on other sites

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.

 

  • Like 1

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.


Stock market portfolio giving you the runs? See Dr. Stool.

Take a subscribatory!
Download 
The Anals of Stock Proctology now!



The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

Support your local Stool Board.


The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!



Old Stool Depository


The Wall Street Examiner
Subscribe to the Wall Street Examiner
Contact Us




Market Quotes are powered by Investing.com.
×