Thursday, January 17, 2008

SUB-PRIME LOSSES SO FAR

Merrill Lynch : $22.1bn
Citigroup : $18bn
UBS : $13.5bn
Morgan Stanley : $9.4bn
HSBC : $3.4bn
Bear Stearns : $3.2bn
Deutsche Bank : $3.2bn
Bank of America : $3bn
Barclays : $2.6bn
Royal Bank of Scotland : $2.6bn
Freddie Mac : $2bn
JP Morgan Chase : $1.3bn
Credit Suisse : $1bn
Wachovia : $1.1bn
IKB : $2.6bn
Paribas : $439m

Basic Math shows $89 billion loses so far

I was wondering who's money these banks are writing off and who is having this money right now?

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