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Investments > Stock > Banks Face 'Sys...
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Banks Face 'Systemic Margin Call,' $325 Bln Hit

by Doobie Keebler <kooper.db@[EMAIL PROTECTED] > Mar 10, 2008 at 05:07 AM

NEW YORK (Reuters) - Wall Street banks are facing a "systemic margin
call" that may deplete banks of $325 billion of capital due to
deteriorating subprime U.S. mortgages, JPMorgan Chase & Co (JPM.N:
Quote, Profile, Research), said in a re****t late on Friday.

- more -

http://www.reuters.com/article/bankingFinancial/idUSN0832645120080310
 




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Banks Face 'Systemic Margin Call,' $325 Bln Hit
Doobie Keebler <kooper  2008-03-10 05:07:04 

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tan12V112 Sun Sep 7 21:18:25 CDT 2008.