To go along with the Bailout For Dummies post, here is another way to visualize the capital allocated from/to financial companies during the current financial crisis. Interestingly, the chart created by Keefe, Bruyette & Woods concludes that the amount committed is $11 trillion, $2 trillion more than Zero Hedge's estimates.
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Wednesday, April 8, 2009
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2 comments:
all the more reason to add a zero to the hedge, zimB style.
Just wanted to note. The stats are from Keefe, Bruyette & Woods, but the chart is an Associated Press graphic.
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