The list of the Fed's primary government security dealers has shrunk again, to 16, as Dresdner...

|By:, SA News Editor

The list of the Fed's primary government security dealers has shrunk again, to 16, as Dresdner Kleinwort becomes the first firm to drop out since Nomura Securities in 2007. Others have left the list by being acquired (Merrill Lynch, Bear Stearns, Countrywide) or going bankrupt (Lehman Brothers).