On Mon, 22 Sep 2008, Dan M wrote:
> Leaman Brothers (sp) had a 40x leverage. Deuchbank, I've heard from a > good source, is leveraged 60x. If it falls, I think it may be > impossible for Germany to bail it out. The general SEC requirement had been to limit it to 12X. An exception was made in 2004 for 5 companies - Goldman, Merrill, Lehman, Bear Stearns, and Morgan Stanley. And, since I know someone is going to yell, "Cite!", I will: http://bigpicture.typepad.com/comments/2008/09/regulatory-exem.html (Yes, this cites other sources. There was a limit as to how far back I was going to go.) Julia _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
