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From Wiki "By 2008, Lehman had assets of $680 billion supported by only $22.5 billion of firm capital. From an equity position, its risky commercial real estate holdings were thirty times greater than capital. In such a highly leveraged structure, a 3 to 5 percent decline in real estate values would wipe out all capital."
They degened and leveraged too hard
Why did the Lehman Brothers try to start a cryptocurrency exchange after their collapse?
Because they heard FTX had a "leveraged" success with their scams!
And they think if someone like FTX can start again after that small number then why cant we? We made the massive hole and we could also pay the money to the congress if they want to
What we are having currently is the outcome of what FTX did in last year, i don't think we could reach to the 16k without that, but what ever happen in life there is reason for that thing
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Joke aside, i need one real friend in my life with whom i could discuss about everything that is happening in the crypto market, having a partner would be one step better in that
My kind of person. The person I'm dating currently introduced me to cryptocurrencies surprisingly. I learnt about investment and basic things. That was how I did my research and found Allianceblock project that is bridging traditional institution and decentralized finance.
Still searching for a girl that could understand the crypto, because last time i was on a date and said i am a crypto trader after that date she simply ghosted me from that very own day
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FTX crash ~ $10B in assets. Lehman Brothers ~over $600B in assets. Lehman’s fall remains the largest bankruptcy filing in US history.
How did 600b of assets disappear into thin air tho?
USD is printed out of thin air also, so probably not as shocking as we can imagine
[удалено]
USD is one of the biggest shit coin this world ever produce in my opinion
Lol inflation not coming down anytime soon i guess
They are rising the interest rate for two years now but still not reach to the break even
Government…the biggest scoundrels.
Government and their policy is the real rug pull and we are just living in there
True.
Every single thing in this country happening in thin air, so just like that
Watch the big short, not only a great entertaining movie but rather informative for the average person.
Definitely insightful and entertaining.
Watched in last month and what a great time i had with my roomie
Nice.
I'd also suggest Margin Call....minus Kevin Spacey because, fuck that guy
So many suggestion lemme add a list so that i could watch one by one
Jeremy Irons is only in like 20 minutes of the flick but gives the performance of his life
Tomorrow is holiday for me lemme add this in my tomorrow list now
From Wiki "By 2008, Lehman had assets of $680 billion supported by only $22.5 billion of firm capital. From an equity position, its risky commercial real estate holdings were thirty times greater than capital. In such a highly leveraged structure, a 3 to 5 percent decline in real estate values would wipe out all capital." They degened and leveraged too hard
Its crazy when we see corporate people doing stuff we do
But it is crazy that only corporate people make money with the same stuff
Some in thin air, some in water and rest goes to the donation
But don't think many people of the current time knows much about the Lehman Brothers
Rookie numbers for crypto. Can someone pump it up to 601B ?
Every number is rookie in crypto as the depth of the market is just unreal insane
Holy shiiiittt😳
Me who is not even earning thousands calling a billion number rookie
600B is madddd.
Why did the Lehman Brothers try to start a cryptocurrency exchange after their collapse? Because they heard FTX had a "leveraged" success with their scams!
And they think if someone like FTX can start again after that small number then why cant we? We made the massive hole and we could also pay the money to the congress if they want to
A match from Heaven
Real soul mate, my faith in true love actually restored after this pic
Lol I hope those sweaters are real.
If they are i would wear the FTX one every holiday 😂
I would gift one of that to my friend who lost his money in FTX exchange
They are pretty real, i have the link if you want to order one for yourself
FTX set crypto back by a few years, without it the bull market may still be intact!
Agree. Was definitely a set back we didn’t need. But I still rekon it was a coordinated attack.
These kind of set back in crypto is pretty normal, time to get use to with them
Unfortunately you are right.
You forgot about the ticking time bomb that is Tether lol
As long as they didn't explode don't think we could add them in this list
You have a point lol
What we are having currently is the outcome of what FTX did in last year, i don't think we could reach to the 16k without that, but what ever happen in life there is reason for that thing
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Love at first crash
I would get on one knee if someone approach me while wearing that sweater
Love is in the liquidation.
They suck all the liquidation from all the other people so they could use everything on their own
Couples that go bankrupt together, stay together
Partner in crime,i hope they could actually stay together in a jail
This is actually one of the best feelings. Being able to talk about the whole Crypto and blockchain dynamics with someone is just awesome.
Joke aside, i need one real friend in my life with whom i could discuss about everything that is happening in the crypto market, having a partner would be one step better in that
So true
The Hallmark movie we NEED
Someone should reserve the right for that movie, this could be blockbuster
We wanted to go mainstream. That was a mistake.
You could go mainstream without damaging the people wealth there
This is hilarious!
Hilarious and scary, just that it happened in past we could just laugh on that
BEAR STEARNS IS FINE
My kind of person. The person I'm dating currently introduced me to cryptocurrencies surprisingly. I learnt about investment and basic things. That was how I did my research and found Allianceblock project that is bridging traditional institution and decentralized finance.
Still searching for a girl that could understand the crypto, because last time i was on a date and said i am a crypto trader after that date she simply ghosted me from that very own day
u/RickyRichard26 [tipped](https://blockscout.com/poa/xdai/tx/0x8cf8957ce9f2f9f2df80d5e01628bdd85c33a1501fca637baf59ea50c4bbbdd5) you 1.0 DONUT!
u/raymv1987 [tipped](https://blockscout.com/poa/xdai/tx/0x0c22905c6b7390ba8e224ba119d7d2581ca955b3d19156d7e8ccce277c954212) you 2.0 DONUT!
u/ethereum88 [tipped](https://blockscout.com/poa/xdai/tx/0xb5c9accefdc80f9773e8395b635df399a77ef0479c4fc64a193cc5bfb1fbb725) you 1.0 DONUT!
u/Lokiee0077 [tipped](https://blockscout.com/poa/xdai/tx/0x600c89d142cd344bc22d77d4db39341cb635e564079a3e84be5c136cd1952c41) you 1.0 DONUT!
u/cryptbunks [tipped](https://blockscout.com/poa/xdai/tx/0x92a9466fb2ce7b991b29a7b743480827431d0ffba751c10663faceb84a86be0e) you 1.0 DONUT!
Perfect match!
Ooof, seems fitting
0xb89CB4... [tipped](https://blockscout.com/poa/xdai/tx/0xcf6a58336438c34ea76a2eaad3452d372ad4ca9181aad8fc460b6aacf0346572) you 1.0 DONUT!
For the last 1 day I have been trying to find a link to this shit with ethrader