Enron's bankruptcy was "only" 67billion. The largest bankruptcy to date has been Lehman's, which was shy of 700billion.
AIG's bankruptcy would be over a trillion PLUS would lead to a domino of derivatives-driven bankruptcies across counterparties including Goldman Sachs and Deutsche Bank.
Enron's bankruptcy was "only" 67billion. The largest bankruptcy to date has been Lehman's, which was shy of 700billion.
AIG's bankruptcy would be over a trillion PLUS would lead to a domino of derivatives-driven bankruptcies across counterparties including Goldman Sachs and Deutsche Bank.