Hacker Newsnew | past | comments | ask | show | jobs | submitlogin
Capitalization of largest banks 1999-2009 (infoproc.blogspot.com)
4 points by coglethorpe on May 14, 2009 | hide | past | favorite | 4 comments


Interesting. The first show of a Chinese bank on the list is not till '07, but 3 of them pop to the top all at once in '07. This was before the U.S. recession was even recognized.

The actual SWF is here: http://media.ft.com/cms/7a7a1484-17a3-11de-8c9d-0000779fd2ac...


Whoa! Market capitalization != capitalization


Elaborate then, what's the difference?

(another summary sentence would make this an informative comment, instead of a clever remark)


It's interesting to note that one of the reasons ('bullshit lines' would be more apt) Gramm and others who pushed for the repeal of Glass-Steagal in 1999 used was that American banks needed to be deregulated because they would be overtaken by bank from countries with looser regulations.

Oh the irony...




Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: