Political

Brilliant graphic showing what went wrong with banks

Via Sam Coates comes this explanation of what when wrong with the banks during the big financial crash. A great example of how to do a Venn diagram really well:

Banking crisis graphic

One response to “Brilliant graphic showing what went wrong with banks”

  1. So the problems were bad lending, bad trading or bad acquisitions all approved by the regulator.
    The solutions being imposed on banks are much increased equity capital requirements; dividing investment and commercial banking into separate subsidiaries; and breaking up a couple of the larger banks into smaller banks to increase competition.
    The ‘solutions’ have no relationship to the actual reasons for failure.  One of the reasons for bad lending was that competition was too rampant and money was being lent too easily at interest rates too low for the risk.  
    David Evreshed

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