[lbo-talk] BBC's Sub-Prime Top Ten

[Colin Brace]

[I'm having trouble wrapping my brain around these figures. Just where
did all this dough go? Don't banks have collateral on loans?? And the
sober Swiss now leading the list???]

http://news.bbc.co.uk/2/hi/business/7135872.stm

SUB-PRIME LOSSES SO FAR

UBS: $13.5bn
Citigroup: $11bn
Merrill Lynch: $8bn
Morgan Stanley $3.7bn
HSBC: $3.4bn
Bear Stearns: $3.2bn
Deutsche Bank: $3.2bn
Bank of America: $3bn
Barclays: $2.6bn
Royal Bank of Scotland: $2.6bn
Freddie Mac: $2bn
Credit Suisse: $1bn
Wachovia: $1.1bn
IKB: $1bn

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  Colin Brace

  Amsterdam