Dan M <[EMAIL PROTECTED]>
> As had been mentioned here before, they are both very highly leveraged. My
> memory is that Barclay's leveraged 30 to 1 and Deutsche Bank is leveraged
> about
> 50 to 1.
>
> That means a modest run on ether bank will result in them becoming unable to
> give people who request the money they put in the bank that money.
You persist in oversimplifying, and in ignoring creditors and bondholders. I
wonder
if you have ever studied the balance sheet of a bank?
I have mentioned before, and even given a link to a nice explanation, that for
the
large US investment banks, if they are declared insolvent and put into
receivership, that
there is enough debt to cover the bad assets without costing the customers and
countparties a dime.
I haven't looked at the balance sheets of Barclay's or Deutsche Bank, but I
would
guess that they are in the same situation. If you disagree, then perhaps you can
take a look at their balance sheets and tell us what you find?
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