financegeek:quotingthecrisis:dan-e:
The Financial Crisis: One year after the collapse of Lehman Brothers - Interactive - CNNMoney.com
I have one criticism of this: the x axis is only measuring government cash infusions. How do you quantify the assistance from changes in accounting standards or liquidity guarantees? If we simply add up the dollar value of the various guarantees or the quantity of assets that mysteriously moved to level 3 assets, every single one of these entities would end up in the far right column. Even if we just count the government cash infusions, remember that the bulk of AIG’s infusion went directly into paying back Goldman Sachs at face value for instruments that never traded at that value before.
