As someone who spends a fair amount of his time working to present ideas and information graphically, I found this very entertaining (via The Big Picture from the WSJ). It is all about scale so if we are talking about $100 billion dollars total, being on the "low end" of loss like Bear, Countrywide, or JP Morgan with a measly $1-2ish billion pales in comparison to Citi, Merrill, or UBS. This is very unsettling b/c this much loss doesn’t come without consequences. It’s sort of like the real estate binge of the past several years was a game of musical chairs with crap debt being passed from originator to underwriter to "safe" fixed income holder. Kinda like a game of musical chairs and somebody smashed the iPod with a boot….the music has stopped and those at the high end of this loss chart didn’t find a chair. 