Substack

Friday, September 12, 2008

Wall Street losses update

Here is the latest scorecard from the sub-prime mortgage-gate.



And Lehman Brothers, once the top under-writer of sub-prime mortgages, looks certain to go the Bear Stearns way. The only question is whether the Fed will guarantee a part of Lehman's troubeld assets, especially if the buyer is a foreign financial institution.

1 comment:

Anonymous said...

what happened to the other one?