Monday, December 31, 2007

Summary of sub-prime write-downs in Q4

Citigroup $18.1 bln
UBS $13.7 bln
Merrill Lynch $11.5 bln
Morgan Stanley $10.3 bln
Bank of America $5.3 bln
HSBC $3.4 bln
Deutsche Bank $3.1 bln
Barclays $2.7 bln
Royal Bank of Scotland $2.6 bln
Credit Agricole $2.3 bln
Credit Suisse $2.3 bln
Bear Stearns $1.9 bln
JP Morgan Chase $1.6 bln
Goldman Sachs $1.5 bln
Wachovia Bank $1.1 bln
Lehman Brothers $0.8 bln
SunTrust Bank $0.6 bln
Total: $82,800,000,000 and counting!

Keep in mind ... this is just in one quarter...

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