Compared to AIG, HSBC is boringly solid:
Net income of 5.7 bn US$, and Shareholders Equity decreased by only 35 bn US$.
Did I just write "boringly solid" to describe a company that lost 27 % of its shareholders equity, a whopping 35 bn US$, in the space of 12 months?
It's all relative, I guess... (and another example how "net income" can be totally misleading, if a company
2:00PM Water Cooler 3/29/2017
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