How does everyone think UBS is more likely to crumble than Morgan Stanley or Goldman Sachs? Last time I checked, the Swiss giant's model of having Investment Banking/Asset Management/Private Wealth Management (and a little bit of Commercial Banking in Switzerland) isn't what's looking shaky right now....
sighm0an, care to cite your source for that number? I thought it was more like half that number, given that they sold a lot of those toxic assets off...
i think aig should be taken
i think aig should be taken off the list as it's pretty much a shoe-in compared to gs, ms,ubs.
might want to also add Wamu to the list.
How does everyone think UBS
How does everyone think UBS is more likely to crumble than Morgan Stanley or Goldman Sachs? Last time I checked, the Swiss giant's model of having Investment Banking/Asset Management/Private Wealth Management (and a little bit of Commercial Banking in Switzerland) isn't what's looking shaky right now....
its because UBS has $100bn
its because UBS has $100bn of toxic assets and people think that further writedowns of these assets will pwn them
sighm0an, care to cite your
sighm0an, care to cite your source for that number? I thought it was more like half that number, given that they sold a lot of those toxic assets off...
you're both wrong - the true
you're both wrong - the true number is $1 trillion according to the wall street journal
Other: Macquarie Group
i think WaMu should be taken off the list as it's pretty much a shoo-in
What about Wachovia?
What about Wachovia?