When GE ran out of money - 2008 Too big to fail

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  1. Traders Arcade
  2. ge
  3. 2008
  4. financial crisis
  5. 2020
  6. banks
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Комментарии
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yea look at GE in 2019. they somehow got/cant explain where they're extra 20 billion is coming from/at.

stupidminotaur
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Billions of dollars in teachers pensions

elissahoran
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so all company asset actually is just a number in accounting book ? they dont have actuall cash in the bank ? 😳

alexgunawan
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Did it fail ? What’s the share price today ?

manishrathore
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Suggestion box slip: let AIG fail, temporarily have FED assume responsibility of every insurance policy AIG holds minus the banks insurance on bad mortgages. Sell these policies to smaller insurance companies in bundles including some less desirable like people in 70s life insurance. Companies will take a little undesirable to get healthy policies. The details do not change, only the recipients of premiums do. Any policy not able to be sold is then fully guaranteed by the FED

orangefox
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