There might be a few, but this was a medium size bank with an unusually vulnerable balance sheet. I don’t think we’ll see anything like Lehman Brothers, with its highly leveraged balance sheet. US regulators have also been far more careful in the past 15 years to prevent the accumulation of systemic risk in the economy.
There might be a few, but this was a medium size bank with an unusually vulnerable balance sheet. I don’t think we’ll see anything like Lehman Brothers, with its highly leveraged balance sheet. US regulators have also been far more careful in the past 15 years to prevent the accumulation of systemic risk in the economy.
China showcasing $1.1 trillion bonds: