A Chart of the Value of the World’s Banks

banks


Click for larger view.


Nothing sums up what has happened better than this. Given the bailouts, its fair to say that in 2008 the majority of the worlds best known banks were bankrupted.


Via FT Alphaville.


This entry was posted on Wednesday, January 21st, 2009 at 8:28 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “A Chart of the Value of the World’s Banks”

  1. Marc’s Voice » Blog Archive » Photo blogging and then some Says:
    January 22nd, 2009 at 6:41 pm

    [...] Thank you David Galbraith for a pointer to this chart. Watching Babylon Burn has been a really good way to think about all this.  Don’t they all just deserve this? [...]

  2. Jeffrey Winter Says:
    January 23rd, 2009 at 7:56 am

    This graphic is very misleading.

    The numbers above and below the circles obviously represent the diameters, but the eye naturally compares the areas.

    The ratio between the diameters is x/y while the ratio between the areas is pi(1/2x)^2 / pi(1/2y)^2.

    The ratio between these two shows that the graphic exaggerates the market value of 2007 to 2008 by x/y.

  3. admin Says:
    January 24th, 2009 at 5:32 am

    Thanks Jeff - I should have spotted that, its a classic piece of not to show a chart.

Leave a Reply


« Fool Britannia
Merrill’s Lynching »