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taeric
2y ago
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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?
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wbl
2y ago
The ratio of assets to liabilities has to be greater than one, and generally quite a bit greater for regulators to be happy.
taeric
OP
2y ago
It was greater, per story? That is why I quoted them.
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