| 1 | The move wiped out the investment of several private equity firms including KKR and Goldman Sachs Capital Partners. | |
| 2 | But the risk of investing in stocks isn't the chance that your rate of return might vary from an average; it is the possibility that stocks might wipe you out. | |
| 3 | Suppose you are interested in investing in debt of companies, then you as an investor are subject to the problem that you might end up with the worst stuff if you don't watch out. | |
| 4 | People were pulling money out of banks because they feared that if the bank failed, then they would lose their money; it created a huge crisis in 1933. | |
| 5 | So worried were they about the risk of being wiped out in a bankruptcy or a state rescue that they suddenly started to demand that banks hold much more capital against their assets. |