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That's assuming investment banks and retail banks aren't connected by being counter-party to each other on all number of contracts. You saw when Lehman failed i
by isnullorempty 11y ago
That's assuming investment banks and retail banks aren't connected by being counter-party to each other on all number of contracts. You saw when Lehman failed it almost took out the financial system and banks, insurance companies etc all had to be bailed out.