This Is Only What I Have Cobbled Together In A Short Amount Of Time. Further Input Is Welcomed Especially From Those In Overseas Markets.
I Have A Large Blank Area, Please Scroll Down.
Failed Lender | Method | New Holder |
---|---|---|
Countywide | Mandated Rescue | Bank Of America |
Freddie Mac | Takeover | Government |
Fannie Mae | Takeover | Government |
Merrill Lynch | Sold | Bank Of America |
Bear Stearns | Bailout/Sale | JP Morgan |
Lehman Brothers | Bankruptcy | |
AIG | Bailout | -80% Government Shares |
WaMu | Takeover/Sale | JP Morgan |
Overseas | ||
Bradford & Bingley | Nationalized | Government UK |
Glitnir HF | Takeover | -75% Government Iceland |
Hypo Real Estate | Bailout | German Institutions |
Fortis | Rescue | Belgium Netherlands Luxembourg |
So The Question Is, "What/Who Is Next?"
Well, You've Got Goldman Sachs And Morgan Stanley Who Have Changed Status To "Holding Banks." The Latter Has Already Sold A 5 Billion Stake To A China Firm While Also Devaluing It's Holdings By 9.4 Billion.
JP Morgan Is Busying Itself Buying All The Crap It Can. They May Be Betting On A Bailout, However, They Came Out Good After The Great Depression. Due To Following Ethical Practices And Not Just "Staying Within The Law." If They Have The Same Mindset Now, It'd Be A Good Investment If, If You Have Any To Invest.
Wachovia Is Currently Prettying Itself Up For Citigroup.
3 comments:
I use to have shares in Bradford & Bingley when I lived in the UK... I glad I sold them all 3 years back.
Lee
Just looks at the B&B share charts...
looks like I got something like 300 pence per share, the are now worth 20 pence per share.
You see, I pull out... and the world listens
Maybe not
Lee
You Made Out Good Then!
You Should Be A Consultant! :)
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