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WallStreetOasis.com » Forums »

What will be the next major financial institution to crumble? Forum's RSS Feed

Goldman Sachs
7% (10 votes)
Morgan Stanley
13% (18 votes)
WaMu
64% (88 votes)
UBS
10% (14 votes)
Other (please submit others in comment section for inclusion)
6% (8 votes)
Total votes: 138
What wil be the next major financial institution to crumble?
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aachimp's picture

i think aig should be taken

by aachimp User's RSS Feed (Gorilla, 696 Banana Points Points) on 9/15/08 at 8:09pm

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.

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WesternWildOut's picture

How does everyone think UBS

by WesternWildOut User's RSS Feed (Senior Monkey, 78 Banana Points Points) on 9/17/08 at 2:49pm

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....

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sighm0an's picture

its because UBS has $100bn

by sighm0an User's RSS Feed (Senior Baboon, 198 Banana Points Points) on 9/17/08 at 7:57pm

its because UBS has $100bn of toxic assets and people think that further writedowns of these assets will pwn them

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WesternWildOut's picture

sighm0an, care to cite your

by WesternWildOut User's RSS Feed (Senior Monkey, 78 Banana Points Points) on 9/18/08 at 3:34pm

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...

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Ovechkin's picture

you're both wrong - the true

by Ovechkin User's RSS Feed (Senior Monkey, 77 Banana Points Points) on 9/24/08 at 10:03pm

you're both wrong - the true number is $1 trillion according to the wall street journal

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NuevoBanker's picture

Other: Macquarie Group

by NuevoBanker User's RSS Feed (Senior Chimp, 29 Banana Points Points) on 9/26/08 at 5:00am

i think WaMu should be taken off the list as it's pretty much a shoo-in

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guimion11's picture

What about Wachovia?

by guimion11 User's RSS Feed (Baboon, 134 Banana Points Points) on 9/26/08 at 12:51pm

What about Wachovia?

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