That would probably result in a loss exceeding $100 million for the year.
Losses also exceeded the one million mark in the 1950's and 1960's.
They generally get out of a position before the loss exceeds 10 percent.
Under the federal program, the government is to pay 90 percent of all costs after losses exceed $10 billion.
At one point, trading was stopped for 35 minutes when losses exceeded 10 percent.
The losses to the various national economies may also not exceed $10 billion.
Eventually, the losses exceeded the bank's capital, reported as $5.3 million on June 30.
British losses did not exceed 100 while the defenders lost over 300.
The Government has estimated that the loss to taxpayers will exceed $2 billion.
They were also guaranteed that any losses would not exceed 10 percent.