And they would argue that, if forced to show substantially less assets, a financial institution is more likely to be considered under water and a candidate to be taken over by the Feds.
The alternative to individuals with less assets are mutual funds which lack in transparencies (what your money is invested in) and individual attention (you get to talk to customer service reps, not the fund manager).
In general, a company that has a lot of assets and high operating costs has less cash flow than a similar business with less assets and a lower operating cost.
For an "A" individual offered an unfair gamble, the rational strategy to maximize the expected number of his own offspring would be to save his inherited wealth in a risk-less asset and "mutate" to become risk-averse.
They position their assets across disparate and typically less correlated asset classes and strategies.
Since the world starts naturally long risk assets, we could well see more investors seeking less risky asset allocations, including cash in what they deem as "safe jurisdictions".
Now, the NHS is becoming less an asset to Labour than a liability.
As more banks have collapsed, most of its liquid assets have been exchanged for less marketable assets seized from the failed institutions, like foreclosed property.
If less liquid assets (such as land and assets in state-affiliated nonprofits are included), the amount would be 103.3 trillion yuan (more than $14 trillion).
Goldman's less liquid assets make up 25% of total assets; Lehman, 27%; and Morgan Stanley, 24%.
