which banks are most/least affected
by the looming credit crunch.?
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anything you hear is largely speculation in my opinion, though there is a rumor about that a major bank has/is filing for chapter 11 soon (they couldnt have already done it or itd be all over the SEC and we'd know by now)
as far as exposure to the risky assets/mortgages/etc, lehman and bear have the two of the riskiest positions and we all know about bear's "issues" over the past couple weeks or so...
Bear is about to go under...
I think bear is going
As of this afternoon, Citi was the first to borrow from the Fed's discount window. JP Morgan, BofA and Wachovia have promptly followed suit...
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