InvestorsHub Logo
Followers 0
Posts 1043
Boards Moderated 0
Alias Born 11/12/2019

Re: Joe Stocks post# 95397

Monday, 09/20/2021 2:26:03 PM

Monday, September 20, 2021 2:26:03 PM

Post# of 111184
Magnitude = largest corporate bankruptcy in US history. Also spooked the confidence of investors which led to fnf's cship.

Scale = over $600 billion in liabilities going into the default. And triggered (sparked) the Financial Crisis.


Like I said, the magnitude and scale do not compare with the two.