According to the most recent "stress test" the big banks' exposure in a crisis is around $600 Billion. Most of the larger banks might have to raise capital but would likely survive.
As with 2008, it's the shadow banking system of hedge funds and derivatives that carry the biggest exposure.
Somewhere out there is an LTCM or Lehman Brothers waiting to blow up.
According to the most recent "stress test" the big banks' exposure in a crisis is around $600 Billion. Most of the larger banks might have to raise capital but would likely survive.
As with 2008, it's the shadow banking system of hedge funds and derivatives that carry the biggest exposure.
Somewhere out there is an LTCM or Lehman Brothers waiting to blow up.
According to the most recent "stress test" the big banks' exposure in a crisis is around $600 Billion. Most of the larger banks might have to raise capital but would likely survive.
As with 2008, it's the shadow banking system of hedge funds and derivatives that carry the biggest exposure.
Somewhere out there is an LTCM or Lehman Brothers waiting to blow up.