The Incredible Shrinking Finance Sector
- Joshua M Brown
- September 22nd, 2009
Financial Giants (2007)
This is very cool.
The New York Times put up a moving infographic that shows the progression of the 29 largest financial firms and how they first shrank since 2007 and then began to grow again. The graph above shows them from the starting point at the market's peak in October 2007. The one below is how they look as of September 2009.
Finance Giants (2009)
In total, the sector's market capitalization has gone from $1.87 trillion to $947 billion in two years time. What a trip.
Click here to watch it happen along the time line:
How the Giants of Finance Shrank (NYT)
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The Reformed Broker is a blog about financial markets and the economy. Joshua Brown is a New York City-based investment advisor for high net worth individuals, charitable foundations, retirement plans and corporations... More. -
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