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Over at Grasping Reality: The Extent of Insolvency in Late September 2008

Over at Grasping Reality: No, neither Lehman, nor AIG, nor Bank of America, nor Citigroup, nor Morgan Stanley, nor Goldman Sachs was solvent at then-prevailing market prices in late September 2008:

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Over at Grasping Reality: The Extent of Insolvency in Late September 2008

November 13, 2014

November 13, 2014

Factsheet: Is the U.S. economy in a recession, and how does recession dating work?

U.S. income and wealth inequality are no longer increasing, but a return to the equitable levels of the mid-20th century isn’t likely anytime soon