Misses all the big ones though?
No Lehman, Fannie Mae, Freddie Mac…
But it was AIG bankruptcy that was the real headshot in 2008.
No underwriter = no transactions.
Misses all the big ones though?
No Lehman, Fannie Mae, Freddie Mac…
But it was AIG bankruptcy that was the real headshot in 2008.
No underwriter = no transactions.
You are correct, the big famous ones you mentioned do not seem to appear in the original dataset from the FDIC (https://www.fdic.gov/bank/historical/bank/) that was used for the plot.
Do you have any guess on why that might be?
😂
Because history is written by the victors.