4699Comments (31)http%3A%2F%2Fdealbreaker.com%2F2009%2F01%2Fbloated%2FBloated2009-01-22+19%3A46%3A06Bess+Levinhttp%3A%2F%2Fwp.dealbreaker.com%2F2009%2F01%2Fbloated%2F

1. 1
   Posted by Anal_yst | January 22, 2009 at 2:47 PM

   This was on FT Alphaville yesterday…

2. 2
   Posted by Equity Private | January 22, 2009 at 2:49 PM

   Luckily, we also found it, so our readers can enjoy it too!

3. 3
   Posted by guest | January 22, 2009 at 2:50 PM

   These graphics dramatically overstate the decline. The ratio of current market cap over ’07 market cap is the same as the ratio of the radius of the smaller circle to the radius of the larger circle. Problem is, since the area of the circles is a function of the *square* of the radius, the ratio of the areas is far lower. E.g., JPM’s green circle is about 1/4 the size of its blue circle, even though the market cap declined by (only) 50%

4. 4
   Posted by guest | January 22, 2009 at 2:50 PM

   no BAC, WFC? also…JPM, among others, is probably distorted by stock issued to aquire BSC, etc.

5. 5
   Posted by Equity Private | January 22, 2009 at 2:51 PM

   Mr. Thain, I know you have a lot of time on your hands now… but seriously….

6. 6
   Posted by guest | January 22, 2009 at 2:51 PM

   sadly, the pic exaggerates the implosion by implying the relative change in area where the numbers indicate the change in mkt cap is proportional to the change in heights of the circles.
   Still funny as $hit!

7. 7
   Posted by guest | January 22, 2009 at 2:53 PM

   That scale looks odd. Therein lies the rub w/ all-so-fun bubble graphs.

8. 8
   Posted by Investorcluzo | January 22, 2009 at 2:53 PM

   wait, I thought this was bofa day, where is bofa? what, those guys at FT Alphaville couldn’t do the math because of the all the mergers to which kenny has come so accustomed?

9. 9
   Posted by guest | January 22, 2009 at 2:54 PM

   Does this include all the new capital poured into banks?

10. 10
    Posted by miami | January 22, 2009 at 2:54 PM

    Frankly, I’d prefer less infoporn at DB, especially when it clearly misrepresents reality. jmho.

11. 11
    Posted by guest | January 22, 2009 at 2:57 PM

    Pretty embarrassing that JP didn’t bother checking the sizes of the circles. Notice how Citi’s 2009 circle is 99.5% small than its 2008 circle, even though the decline in market value is “only” 92.5%. Someone should learn how to use these mysterious “square roots”.

12. 12
    Posted by guest | January 22, 2009 at 2:59 PM

    Citi = Liz Claman?

13. 13
    Posted by hedgehog | January 22, 2009 at 3:01 PM

    They must have outsourced this work to Mercer…

14. 14
    Posted by guest | January 22, 2009 at 3:06 PM

    @11 i’m a hedgefund manager, what is a square root?

15. 15
    Posted by guest | January 22, 2009 at 3:08 PM

    What is a HEDGE HOG?

16. 16
    Posted by guest | January 22, 2009 at 3:09 PM

    @13
    Brilliant

17. 17
    Posted by guest | January 22, 2009 at 3:09 PM

    Blowing bubbles?

18. 18
    Posted by StillNoCouch | January 22, 2009 at 3:09 PM

    Concur with several of the above …
    This graphic is:
    1. The result of the misapplication of 5th grade geometry
    2. Woefully misleading (even if the math were correct)
    “… we cannot guarantee it’s accuracy … ”
    No Shit !

19. 19
    Posted by guest | January 22, 2009 at 3:12 PM

    Should show same silly graphic with size of fed balance sheet on those same dates….

20. 20
    Posted by guest | January 22, 2009 at 3:20 PM

    Comment removed by moderator.

21. 21
    Posted by guest | January 22, 2009 at 3:36 PM

    I love olives

22. 22
    Posted by guest | January 22, 2009 at 3:45 PM

    I’m surrounded by assholes.

23. 23
    Posted by StillNoCouch | January 22, 2009 at 3:45 PM

    Check this out:
    http://ftalphaville.ft.com/blog/2009/01/22/51558/that-jp-morgan-picture-official-redux/
    FT Says the one they got was a draft … “now stop emailing us!”
    ROFLMAO !!!

24. 24
    Posted by guest | January 22, 2009 at 3:57 PM

    Back door porn?

25. 25
    Posted by guest | January 22, 2009 at 4:00 PM

    Circular argument, didn’t read.

26. 26
    Posted by guest | January 22, 2009 at 4:01 PM

    The pic is funny. Stop mind-fucking it.

27. 27
    Posted by guest | January 22, 2009 at 4:07 PM

    The RBS graph is exactly what my boss would see if our urinals had mirrors.

28. 28
    Posted by guest | January 22, 2009 at 4:27 PM

    Hi

29. 29
    Posted by guest | January 22, 2009 at 4:32 PM

    @28 I guess that explains your sore throat?

30. 30
    Posted by guest | January 22, 2009 at 6:00 PM

    @27 agree. Look at the numbers and do simple math…you quants out there

31. 31
    Posted by Conflict of disinterest | January 23, 2009 at 9:10 PM

    @3 – Thanks Professor! Seems, though, like a pretty accurate graphic explanation of the fact that Citi shares are worth $3.50 down from $55. Btw, Ginger wants to know, when will you return her batteries; your “radio” will obviously never work and Gilligan left to start his own fund…