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主题:【讨论】Too big to fail? 转一段分析 -- aokrayd

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家园 Just look at Lehman Brothers

When it failed, the loss to bond holders was insignificant compared to the impact it brought to the rest of market. Many people now think the market would be better if Lehman Brothers had been bailed out too.

Without concrete data to show what the chain reactions would be, the author over simplified the consequence of big bank failure by only looking at the loss of bond holders.

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