Relevant:
- The Risk of a Systemic Shock to the System is "Alarmingly High" – Morgan Stanley
- Danish Mortgage Banks Mull Lifeline to Homeowners: Nordic Credit
- Morgan Stanley Marks Down $3.7 Billion, Cuts Outlook
- Bitcoin rallies $1,000 after FSB letter to G-20 officials saying "no systemic issues"
- Morgan Stanley Profit Drops After Losses on LBO Loans
2007-11-13 — bloomberg.com
"There's a greater than 50 percent probability that the financial system ``will come to a grinding halt'' because of losses from mortgages, Gregory Peters, head of credit strategy at Morgan Stanley, said."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.