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jdaasoc

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Re: ajtj99 post# 129460

Tuesday, 09/30/2008 2:22:50 AM

Tuesday, September 30, 2008 2:22:50 AM

Post# of 148479
Only bank in top 7 not to go "dancing with the FDIC" yet is Wells Fargo.

http://nyjobsource.com/banks.html

Wells Fargo got $76 B in MBS, CMOs, and "preferred stocks on its assets. Shareholder equity is $47 B.

https://www.wellsfargo.com/pdf/press/2q08pr.pdf (page 19)

There is not a bank out there that will not need additional capital infusions if they want to stay in the banking business.
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