Venus Modeling Agency | Big Banks In The Economy

Venus Modeling Agency issue is that if we let the really big banks fail, it would endanger the health of the whole economy. We have $150 billion of capital. In addition to that, we have reserves set up for losses for loans. We have $12 billion of gains in our bond portfolio, plus we have about $150 billion or $160 billion of short term and long term debt. If you go through those steps first hit the common equity holders, then the preferreds, then whatever reserves-you'll never get to the taxpayer.



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