This is an Enron bad situation: First Brands bankruptcy exposes $10 billion to $50 billion liabilities, creditors fear hidden off-balance-sheet debt could hit $50 billion

https://twitter.com/SilvioVassalli/status/1976274291399541058 Oops! 👇🏼 https://t.co/jvblybqt9n pic.twitter.com/1i3dLKnzQB — Kalani o Māui (@MauiBoyMacro) October 9, 2025 “The Debtors estimate that they have between $10 billion and $50 billion in liabilities.” — Chapter 11 Voluntary Petition, Southern District of Texas Bankruptcy Court https://restructuring.ra.kroll.com/firstbrands/Home-Index “While …

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All the Devils from 2008 Are Back at the Megabanks: Leverage, Off-Balance-Sheet Debt, Over $192 Trillion in Derivatives, Shaky Capital Levels

TL;DR: Derivatives Danger: Four major U.S. banks hold 87% of all derivatives, totaling $168.26 trillion. Dodd-Frank Failure: The 2010 law failed to prevent the return of risky derivatives practices. Leverage and Off-Balance Sheet Debt: Megabanks have excessive leverage and hide debt off their balance …

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