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by taeric 1058 days ago
Right, but that is only needed if the assets don't cover the liabilities. Numbers given were covered.

Naive reading of that is that they were not liquid?
1 comments
wbl 1058 days ago
The ratio of assets to liabilities has to be greater than one, and generally quite a bit greater for regulators to be happy.
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taeric 1058 days ago
It was greater, per story? That is why I quoted them.
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