Relevant:
- WaMu Shores Up Balance Sheet
- Citigroup Urged to Bring SIVs on to Balance Sheet, WSJ Says
- Fed's QE Unwind Marches Forward Relentlessly (How Long Till Wall Street Cries "Uncle"??)
- The dynamic central banking duo -- ECB balance sheet up over €3.1 trillion mimicking Fed balance that is close to $3 trillion. Shuffling toxic assets into darkness.
- Lehman Upgraded, Uncertainties Settled: Richard Bove
2008-04-07 — minyanville.com
The Wall Street Journal reports that Washington Mutual is raising $5 billion to shore up its balance sheet amid ongoing mortgage-related losses. -- This process is not over yet, we reckon.
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