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Posts Tagged ‘Subprime’

Banker’s write-downs in the US

Saturday, November 10, 2007 4 comments

Here are some figures for write-downs by US banks due to subprime issues. The total till date is about $45 billion.Looks like worst is yet to come!All these folks are sitting on many credit derivatives whose value is likely is fall further.This spells more trouble for dollar and US markets. Check out the latest stories on US mortgage market on “Mortgage Blues”.

Citigroup *$13.7 bln
Morgan Stanley $4.6 bln
Deutsche Bank $3.1 bln
JP Morgan $1.6 bln
Wachovia Bank *$1.1 bln
Lehman Bros. $0.7 bln

Data: Companies, since Q3 * Est.

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Categories: Market View, News Analysis Tags:

Banker's write-downs in the US

Saturday, November 10, 2007 4 comments

Here are some figures for write-downs by US banks due to subprime issues. The total till date is about $45 billion.Looks like worst is yet to come!All these folks are sitting on many credit derivatives whose value is likely is fall further.This spells more trouble for dollar and US markets. Check out the latest stories on US mortgage market on “Mortgage Blues”.

Citigroup *$13.7 bln
Morgan Stanley $4.6 bln
Deutsche Bank $3.1 bln
JP Morgan $1.6 bln
Wachovia Bank *$1.1 bln
Lehman Bros. $0.7 bln

Data: Companies, since Q3 * Est.

Categories: Market View, News Analysis Tags:

US “subprime mortgage mess”

Friday, August 3, 2007 3 comments

Almost all of us have heard about this “subprime” business going wrong in the US and lots of big hedge funds collapsing because of it. Infact US markets are feeling jittery because of the same reasons.

Here is a primer on what this whole mess is all about. Read this.

Categories: Trading Ideas Tags:

US "subprime mortgage mess"

Friday, August 3, 2007 3 comments

Almost all of us have heard about this “subprime” business going wrong in the US and lots of big hedge funds collapsing because of it. Infact US markets are feeling jittery because of the same reasons.

Here is a primer on what this whole mess is all about. Read this.

Categories: Trading Ideas Tags: