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I've already posted twice an aggregated sum of writedowns caused by the sub-prime meltdown. It is time to see an updated version of losses for major financial institutions. This time I've added a column with the amount of raised capital and money infusions for the respective institutions.

Altogether financial losses account for $592 billion. Up to now, raised capital and money infusion are $443 billion. You can see that since last time, the total sum has been almost tripled.
 

 TickerLossesCapital Received
    
Citigroup(C)6171
Wachovia(WB)52.711
Merrill Lynch(MER)52.229.9
Washington Mutual(WM)45.612.1
UBS(UBS)44.227.3
HSBC(HBC)27.45.1
Bank of America(BAC)27.430.7
JPMorgan Chase(JPM)18.819.7
Morgan Stanley(MS)15.714.6
IKB Deutsche Industriebank(IKBDF)4.111.6
Lehman Brothers(LEHMQ.PK)13.813.9
Royal Bank of Scotland(RBS)13.622.2
Credit Suisse (CS)10.13
Wells Fargo(WFC)105.8
Deutsche Bank(DB)9.96
    
TOTAL 592.9443


Losses include subprime and mortgage writedowns, reserves for bad mortgages and loans, credit losses. Capital received includes preferred shares, bonds, convertible bonds, and direct stakes.

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This article has 6 comments:

  •  
    Markets & SocialObamism

    Give them enough credit and the will hang themselves and then we (statist socialists) will be in charge of the governemnt: Treasury, FBI, Military, Supreme Court Justices (+2), Courts, Defense, Homeland Security.

    Got it all without firing a gun!

    2008 Oct 13 09:16 AM | Link | Reply
  •  
    For what it is worth, you omit Goldman Sachs and AIG.
    2008 Oct 14 08:13 AM | Link | Reply
  •  
    will the company stock go up? thats the questin.


    On Oct 14 08:13 AM peter6 wrote:

    > For what it is worth, you omit Goldman Sachs and AIG.
    2008 Oct 14 10:47 AM | Link | Reply
  •  
    jsparrow That's the questin? What's a "questin"? Out of picture??? Out of WHAT picture????
    2008 Oct 14 12:58 PM | Link | Reply
  •  
    This is what I was asking.

    I got the same question, will the stock ever go up? or this company is out of picture.. bankcruptcy and then it will be shut down eventually. Lehman no more?

    If any one thinks that their stock would ever go up or even hit th 1 dollar mark.?
    On Oct 14 12:58 PM nyka wrote:

    > jsparrow That's the questin? What's a "questin"? Out of picture???
    > Out of WHAT picture????
    2008 Oct 14 01:50 PM | Link | Reply
  •  
    What About us the small Guy?
    Thats a Great Question !
    2008 Dec 31 03:08 PM | Link | Reply
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