Wall Street Breakfast: Must-Know News [View article]
because otherwise they will short the US Treasury bonds, they are been nationalized now basically because they are decapitalized:
March 31 Fiscal Year 2007: Capital/Assets US Bear Stearns 3,0% Morgan Stanley 3,0% Merril Lynch 3,1% Lehman 3,3% Goldman Sachs 4,5% Citigroup 5,2% JP Morgan 7,9% Wells Fargo 8,3% Bank of America 8,6% Wachovia 10,2%
Wall Street Breakfast: Must-Know News [View article]
they are been nationalized now basically because they are decapitalized:
March 31
Fiscal Year 2007: Capital/Assets
US
Bear Stearns 3,0%
Morgan Stanley 3,0%
Merril Lynch 3,1%
Lehman 3,3%
Goldman Sachs 4,5%
Citigroup 5,2%
JP Morgan 7,9%
Wells Fargo 8,3%
Bank of America 8,6%
Wachovia 10,2%