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Is This True, I Just Cannot Believe...anyone?


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HOLA441

http://www.housepricecrash.co.uk/newsblog/2011/07/blog-and-it-all-starts-again-on-monday-34182.php

29. deepak said...

In UK we had 125% mortagages....

Please also have a look at Banks capitals and asset books you will see this ratio is very normal.

Barclays capital is around £25 billion and there assets books are £1300-£1400 billion.

RBS is around the same and there asset books are £2000 billion.

Northern Rock before it went down was £250 million and the asset books were £100 billion.

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HOLA442

http://www.housepricecrash.co.uk/newsblog/2011/07/blog-and-it-all-starts-again-on-monday-34182.php

29. deepak said...

In UK we had 125% mortagages....

Please also have a look at Banks capitals and asset books you will see this ratio is very normal.

Barclays capital is around £25 billion and there assets books are £1300-£1400 billion.

RBS is around the same and there asset books are £2000 billion.

Northern Rock before it went down was £250 million and the asset books were £100 billion.

Depends who's valuing their assets. The nominal price of an asset is the product of debt issuance.

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