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ajtj99

11/07/07 1:53 PM

#110244 RE: jdaasoc #110242

Well, Bear Stearns comes to mind here as the likely culprit.

I think the entire financial sector is going to look a lot different in a few years after this shakes out. It will be interesting to see if Citicorp survives.
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LG

11/07/07 2:09 PM

#110247 RE: jdaasoc #110242

jdaasoc: Just one money market fund?

I can't imagine Fidelity letting FDRXX go under for instance, as that would decimate their business, as it would lead to a mass exodus from Fidelity Funds as folks panic.

Heck, I would panic...

LG

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LG

11/09/07 5:11 PM

#110465 RE: jdaasoc #110242

jdaasoc: E*Trade having problems, SEC looking into their loan portfolio. Asset back securities...

LG